#FTXrepayment

Over two years after its collapse, FTX has begun repaying customers affected by its bankruptcy. The first distribution, totaling $1.2 billion, was made on February 18, 2025, with subsequent payments scheduled for April 11 and May 30. FTX plans to return between $12.3 billion and $15 billion in recovered assets through platforms like BitGo and Kraken. Notably, 98% of customers are expected to receive approximately 118% of their claimed amounts, potentially including up to 9% interest. This repayment initiative marks a significant milestone in rectifying the financial damage caused by FTX's 2022 collapse.