FTX Creditors Missing First Payout May Qualify for Q2 2025 Distribution

Description

FTX Digital Markets, the Bahamian subsidiary of the collapsed cryptocurrency exchange FTX, will begin repaying creditors next week. The repayment process follows FTX’s reorganization plan, which took effect on January 3 after years of bankruptcy proceedings and litigation to recover funds. FTX Creditors Must Meet KYC & Tax Requirements Or Risk Missing Repayments According to a February 14 X post from FTX Creditor Champion, Sunil Kavuri, the first batch of repayments will be processed on February...