Express
FTX Creditors' Representative: Claims Distribution Expected to Continue in October and December of Next Year, as well as in 2027
Summary: According to reports, FTX creditors' representative Sunil updated the compensation situation for creditors on the X platform: 1. On February 18, 2025, users with less than $50,000 will receive a 120% compensation ratio; 2. On May 30, 2025, users with over $50,000 will receive a 72.5% compensation, while users with less than $50,000 will receive ...
According to reports, FTX creditors' representative Sunil updated the compensation situation for creditors on the X platform: 1. On February 18, 2025, users with less than $50,000 will receive a 120% compensation ratio; 2. On May 30, 2025, users with over $50,000 will receive a 72.5% compensation, while users with less than $50,000 will receive 120%; 3. Future compensation distribution is expected in October and December of 2026, as well as in 2027; 4. Users with over $50,000 who have already received 72.5% compensation will receive 27.5% face value compensation, achieving 100% compensation. (Note: Based on the compensation situation, FTX creditors can expect an interest rate of approximately 40-80% after applying for compensation.)
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Link: FTX Creditors' Representative: Claims Distribution Expected to Continue in October and December of Next Year, as well as in 2027 [Copy]
