FTX creditors, including Chinese users, are receiving compensation in US dollars via bank wire transfers, significantly mitigating associated legal risks. Crypto influencer @zhetengji confirmed successful dollar payouts reaching creditors through verified bank transfers.
FTX creditor representative Sunil disclosed that approximately 82% of claimants identified as distributors have successfully received their payouts. This widespread distribution marks concrete progress in the creditor settlement process.
Addressing potential future complications, FTX is proactively consulting with legal experts to navigate the risk of fund seizures or other unanticipated legal challenges creditors might face.
The smooth implementation of this dollar payout mechanism demonstrates the feasibility of executing similar compensation plans effectively for the remaining creditors.