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Good news, the first batch of FTX creditors' compensation will start to be distributed on February 18th.
FTX digital asset exchange's Bahamian creditors have received official confirmation emails regarding the compensation. The first batch of compensation will begin at 10 am Eastern Time on February 18, 2025, and claimants with a debt amount of less than $50,000 will receive an annualized 9% interest compensation calculated from November 11, 2022.