FTX creditor representative: It is expected that claims will continue to be distributed in October and December next year, and in 2027
Odaily News Sunil, the representative of FTX creditors, published an update on the X platform regarding the compensation of creditors’ rights:
1. On February 18, 2025, the compensation ratio for users with an amount less than US$50,000 is 120%;
2. On May 30, 2025, users with an amount exceeding $50,000 will receive 72.5% of the compensation, and users with an amount less than $50,000 will receive 120% of the compensation;
3. The estimated compensation payments in the future are in October and December 2026, and 2027;
4. Users whose amount exceeds USD 50,000 and have received 72.5% compensation will subsequently receive 27.5% of the face value, i.e. 100% compensation.
(Note: Depending on the compensation situation, the interest rate for FTX creditors after applying for compensation is about 40-80%.)
