FTX creditor Sunil Kavuri posted a distribution notice from the exchange’s Bahamian arm, showing that repayments for claims ...

FTX will start creditor repayments on February 18, covering claims under $50,000 with 9% interest, processed via BitGo.

FTX’s Bahamian liquidators are “shooting ... 2022, approved by the Bahamas Court, and an amount representing post-petition interest of 9 percent per annum on the reconciled claim value from ...

FTX Digital Markets, the Bahamian arm of the collapsed crypto exchange, is set to begin repaying creditors. FTX creditor and activist Sunil Kavuri posted on X that the first round of distributions ...

FTX Bahamas creditors will start receiving payouts on Feb. 18, 2025, with claims under $50K getting full repayment plus 9% ...

The Supreme Court of The Bahamas today approved an agreement for the Joint Official Liquidators (JOLs) of FTX Digital Markets Ltd. (FTX DM) to subordinate the Securities Commission of The Bahamas ...

FTX has confirmed its readiness to begin repayments for Bahamas creditors this month, ahead of larger disbursements expected in Q1 2025. FTX Bahamas will start creditor repayments on Feb. 18 via BitGo ...

FTX to repay creditors in the Bahamas by February 18, 2025, with 9% interest, marking a significant step in restructuring.

It should be noted that only creditors involved in the Bahamas liquidation procedure are eligible for the first payout. According to a creditor advocate, other former FTX subscribers will not receive ...