FTX Phase II Repayment is expected to take place in the second quarter of this year

PANews reported on February 14 that FTX creditors disclosed on behalf of Sunil that FTX has sent email notifications to customers who have not met the first round of asset allocation requirements. Customers who failed to participate in the first round of allocations on February 18, 2025 include: customer claims under review, customers with a claim amount of more than $50,000, and customers who have not completed KYC, tax and distributor-related requirements. After completing relevant requirements, these customers will be included in the subsequent allocation plan and are expected to be conducted in the second quarter of 2025.

Previous news, FTX will repay creditors starting from February 18, 2025 , and the first phase of repayment will repay US$6.5 billion to US$7 billion .