🚨 FTX begins $5B repayment to creditors

Payouts started May 30 via BitGo & Kraken

Funds expected to arrive in days

Recovery rates:

• Dotcom: 72%

• U.S. customers: 54%

• Loans/unsecured: 61%

• Convenience: 120%

Total recovery may reach $16.5B.

#FTX