The first batch of FTX creditors are supposed to be getting some of their money as we speak

By LeftFooted | bitcoinea | 21 Feb 2025


FTX is apparently paying back some of its creditors as we speak.


Distribution started on February 18, but the the distribution notice was apparently limited to creditors who applied for recovery through the crypto firm BitGo.


It’s unclear if Kraken, which also assisted in distributing FTX funds to claim holders, will have the same schedule.


Still, if you lost money on FTX, you've probably received hundreds of emails and pages by Kroll.

I know I have.


Assuming all FTX users file complete claims, FTX is expected to pay back more than $16 billion in the coming months and years.


Good luck.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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