Kraken has begun distributing funds to FTX creditors

Odaily News Sunil, a representative of FTX creditors, posted on the X platform that “FTX creditors have received FTX’s distribution funds in their Kraken accounts.”
According to previous news, FTX has announced the launch of the second phase of the user repayment process, and it is expected to distribute more than US$5 billion to creditors, who will receive the funds within 1 to 3 business days.