#FTXrepayment
#FTX has announced plans for the upcoming reimbursements to creditors of the bankrupt cryptocurrency exchange after initiating its first round of reimbursements on February 18.
According to an announcement on February 18, the next reimbursement distribution will take place on May 30, 2025, for holders of permitted claims of "Class 5 Customer Entitlement Claims and Class 6 General Unsecured Claims." This includes customers who had assets on the platform when it collapsed and other creditors, such as suppliers and business partners.