FTX has sent emails to some creditors notifying them of the distribution matters, and there are still about $345 million in claims that have not completed KYC verification
ChainCatcher news, according to FTX creditor representative Sunil, FTX has sent emails to creditors with claims under $50,000, notifying them about the initial allocation of funds. These creditors need to register through allocation service providers (such as Bitgo or Kraken) and authorize the service providers to receive and disburse the allocated funds on their behalf. Currently, FTX has transferred the first batch of funds to these allocation service providers.At the same time, some creditors have reported disputes regarding the status of their claims on the FTX creditor portal. It is reported that creditors with claims under $50,000 still have approximately $345 million in claims that have not completed KYC verification.Previously, it was announced that FTX would start repaying creditors on February 18, 2025.