There are a large number of fraudulent claims in FTX's payments to major creditors, and the review work has led to slow settlement progress
Internet reports that FTX, the cryptocurrency exchange once headed by Sam Bankman-Fried, plans to start repaying debt to its main creditors at the end of May. The company will allocate funds to thousands of companies affected by bankruptcy in 2022, including institutional investors and companies that hold cryptocurrencies on the FTX platform, and retail investors, with the first payments to major creditors due on May 30. However, according to bankruptcy lawyer Andrew Dietderich, there are a large number of duplications in the claims received so far, and some are outright fraud, which has led to a slow liquidation of FTX's balance sheet,
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