#FTXrepayment
**"Hey guys! 🚀**
FTX has started returning funds to creditors, and this is great news for those who have been waiting! 🎉 The first phase is paying out claims up to $50K, and it looks like most people have already received their money. 💸 This brings relief to many who were affected by the exchange's collapse.
**Key points:**
- **Next phase:** Payments above $50K will begin in May.
- **Total amount:** Around $16.5 billion will be distributed.
- **Distribution:** Through Kraken and BitGo.
Stay tuned for future updates, as there are more repayment rounds to come. As always, it is crucial to manage risk and stay informed. The crypto market is full of surprises, so it is good to be prepared for any scenario. 🚀📊