FTX reiterated that the first repayment will be made on February 18th, come and check if you are eligible!

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According to the press release issued by the FTX restructuring team, it has been announced again that the initial distribution for the "Convenience Classes" creditors approved under the Chapter 11 Plan of Reorganization will commence on February 18, 2025. The record dates and payment dates for other classes of creditors will be announced at the appropriate time. This initial distribution is limited to qualified creditors who have completed the pre-payment requirements. Eligible creditors can expect to receive the payment within 1 to 3 business days after February 18, 2025. Users can check on the claims website whether they meet the requirements for this claim. Furthermore, some users have already been able to see the claim amount in their BitGO accounts, but it should be emphasized that these funds will not be officially disbursed until February 18, and cannot be transferred or traded before that time.

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