#FTXRefunds FTX customers are set to receive refunds beginning in early 2025, following the approval of the exchange's bankruptcy reorganization plan. The plan, effective January 3, 2025, prioritizes customers with claims of $50,000 or less—approximately 98% of FTX users—who will receive about 118% of their claim's value within 60 days.

The refunds are based on the USD value of assets at the time of FTX's collapse in November 2022, meaning customers won't benefit from subsequent crypto market gains. FTX has recovered between $14.7 billion and $16.5 billion to fund these repayments, sourced from asset sales and settlements.

While the refund process marks a significant recovery effort, some customers express dissatisfaction due to the exclusion of crypto price appreciations in the repayment calculations