FTX Bankruptcy Estate Announces Repayment Timeline for Creditors

Sunday, 31 March 2024, 17:09

The FTX bankruptcy estate is set to commence repaying its creditors by the end of 2024, with claims expected in June and repayments to follow approximately six months later. This development sheds light on the timeline for creditors to receive their dues, providing a glimpse of hope for those impacted by the FTX ordeal.
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FTX Bankruptcy Estate Announces Repayment Timeline for Creditors

FTX Bankruptcy Estate's Repayment Timeline

FTX's Bahamian liquidators recently shared during a meeting the plan to start repaying creditors by the end of 2024, with claims expected in June.

Repayments are projected to begin around six months after the claims deadline, offering a timeline for creditors to anticipate receiving their funds.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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