FTX repayment "preliminary distribution schedule" announced, with the first repayment expected to start on February 25

ChainCatcher news, FTX creditor representative Sunil disclosed the repayment schedule on the X platform. According to the plan, the first round of repayments will be aimed at creditors with claims below $50,000, totaling approximately $1.2 billion. FTX requires creditors to complete claims registration and other pre-allocation requirements by January 20, and the first round of repayments is expected to start on February 25, with the allocation period possibly lasting until March 4.