FTX: Creditors in the initial distribution will receive the compensatory asset within 1-3 business days

BlockBeats News, February 8th, according to official sources, FTX will begin initial distribution to eligible claimants in its Chapter 11 convenience class category starting on February 18, 2025. The initial distribution is limited to claimants allowed in the planned convenience class category that have completed the distribution prior to the allocation. Eligible creditors should receive their allocation within 1 to 3 business days starting from February 18, 2025.