Odaily News Sunil, the representative of FTX creditors, posted on the X platform that FTX has sent emails to creditors with less than $50,000 to inform them of the fund distribution. It will cooperate with the distribution service provider to claim for creditors. Creditors waive the right to obtain distribution directly from FTX. Creditors require the distribution service provider to pay their distribution. FTX has deposited the initial distribution funds into two distribution service providers - Bitgo and Kraken.
At the same time, it stated that some creditors showed that the status of their claims was in dispute on the FTX creditor portal, and creditors with claims less than US$50,000 still had approximately US$345 million in claims that had not completed KYC certification.