#FTXrepayment process is underway, with the first payments made on February 18, 2025. This initial distribution of approximately $1.2 billion is focused on the "Convenience Class" creditors, who have claims of $50,000 or less. These creditors are expected to receive 100% of their claim amount plus 9% annual interest

As of now, FTX has recovered between $14.7 billion and $16.5 billion to distribute among its customers and creditors. The plan proposes to repay 98% of users approximately 119% of their claimed account values, based on valuations at the time of FTX's bankruptcy filing in November 2022 .

Looking ahead, FTX is set to make significant repayments on May 30, with a planned payout of around $2 billion This follows the exchange's efforts to meet creditor demands after its collapse.

It's worth noting that the repayment process is complex and may take time. Investors are advised to stay updated through official channels and exercise caution with future crypto investments