#FTX First Refund Time Confirmed#

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Overview

FTX’s first round of repayments is now scheduled to begin on February 25, 2025, and may continue until March 4. FTX creditor Sunil has published a preliminary distribution schedule, with creditors with claims below $50,000 expected to receive approximately $1.2 billion in compensation. FTX has requested that creditors complete their claim registration by January 20 to ensure their participation in the initial distribution. This timeline provides clear guidance for creditors, allowing them to meet FTX's requirements in a timely manner and facilitate a smooth compensation process.

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Analysis

FTX's first round of repayments has been confirmed, and is expected to begin on February 25, 2025, and may last until March 4. According to a preliminary distribution schedule released by FTX creditor Sunil, creditors with claims under $50,000 are expected to receive a total of around $1.2 billion in compensation. To ensure participation in the initial distribution, FTX requires creditors to complete the pre-allocation requirements, which includes completing claims registration, by January 20. This means that creditors must complete the relevant procedures by January 20 if they wish to receive compensation. This timeline provides clear guidance for creditors so that they can meet FTX's requirements in a timely manner and smoothly receive compensation.

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FTX is expected to begin making its first repayments on February 25, 2025, and could continue until March 4.

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Creditors with claims below $50,000 are expected to receive about $1.2 billion in compensation.

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FTX requires creditors to complete their claim registration by January 20 to ensure they can participate in the initial distribution.

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The FTX repayment plan's preliminary distribution timeline provides creditors with clear guidance so they can meet FTX's requirements in a timely manner and receive compensation smoothly.

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