Repayments are scheduled to begin on January 3, 2025, and payments are to be made within 60 days of that date. Repayment amount Customers with claims of $50,000 or less will be the first to receive repayments. The plan is to distribute between $14.7 billion and $16.5 billion to customers, which is 118% of the value of their accounts at the time of FTX's bankruptcy in November 2022. #btc
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Repayment date
Repayments are scheduled to begin on January 3, 2025, and payments are to be made within 60 days of that date.
Repayment amount
Customers with claims of $50,000 or less will be the first to receive repayments. The plan is to distribute between $14.7 billion and $16.5 billion to customers, which is 118% of the value of their accounts at the time of FTX's bankruptcy in November 2022.
#btc