FTX creditor representative: A new round of claims distribution is expected in October/December 2026 and 2027

2025/07/01 10:56

PANews reported on July 1 that according to Sunil, a representative of FTX creditors, FTX plans to distribute claims in stages over the next few years. On February 19, 2025, claims with an amount less than $50,000 will receive 120% repayment. On May 30, 2025, claims with an amount greater than $50,000 will receive 72.5% repayment, while claims with an amount less than $50,000 will still receive 120% repayment.

Multiple distributions may be made in the future, such as in October or December 2026, 2027, etc. For claims over $50,000, those who have paid 72.5% will eventually receive a 27.5% face value top-up to 100%, and may receive 40%-80% post-petition interest.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.