The second phase of FTX repayment is expected to begin in the second quarter, and the first phase of repayment will begin on February 18th

BlockBeats News: On February 14th, Sunil, a representative of FTX creditors, disclosed that FTX has sent email notifications to customers who did not meet the requirements for the first round of asset distribution. Customers who were unable to participate in the first round of allocation on February 18, 2025 include: customers with claims under review, customers with claims exceeding $50000, and customers who have not completed KYC, tax, and distributor related requirements. After completing the relevant requirements, these clients will be included in the subsequent allocation plan, which is expected to take place in the second quarter of 2025. BlockBeats previously reported that the first phase of FTX's repayment amount ranges from 6.5 billion to 7 billion US dollars and will begin on February 18, 2025. The payment price will be calculated based on the price level in November 2022.