FTX's first repayment will begin on February 18, 2025."
Internet reports that FTX creditors, on behalf of Sunil, disclosed in X that it has been determined that FTX repayments will start at 10 a.m. EST on February 18, 2025, and creditors whose claims amount is less than US$50,000 will be repaid first. The repayment allocation amount will include 100% of the value of the awarded claim (with a cap of US$50,000) and an additional compensation amount at an annual interest of 9.0% of the awarded claim value from the reference date of November 11, 2022 to the initial allocation date.
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