FTX: The next round of repayment distribution is expected to begin on May 30, 2025
ChainCatcher message, FTX announced that it has begun the first distribution of repayments to holders of approved claims in the Convenience Classes under the FTX Chapter 11 reorganization plan. Customers are expected to receive funds within 1 to 3 business days.
The expected registration date for the next distribution is April 11, 2025, applicable to holders of approved FTX Class 5 customer equity claims and Class 6 general unsecured claims, both defined under the reorganization plan.
For Convenience Claims that were approved after the initial registration date but have not yet received distributions, the next registration date is also set for April 11, 2025. The next distribution is expected to begin on May 30, 2025.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
