FTX repayments will begin on May 30, with creditors paying 72.5% first for amounts exceeding $50,000

This article is machine translated
Show original

On May 21, FTX creditor representative Sunil stated that the FTX repayment distribution date is May 30, and Step 9 has been updated to "Allow Claims": · Users with amounts exceeding $50,000 will receive 72.5% compensation; · The remaining compensation (up to 100%) and interest will be distributed in subsequent allocations.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments