In a latest growth, Sunil, the consultant of FTX collectors, in a contemporary X submit shared that FTX has despatched emails to collectors with lower than $50,000 to tell them of the preliminary allocation of funds.
FTX Claims
FTX are notifying claims <$50k by way of e-mail
– Onboard with Distribution Service supplier
– Collectors forego proper to obtain distributions straight from FTX
– Collectors directed distributors to pay their distribution
– FTX has credited the Distribution Service… pic.twitter.com/y8RLuvXD8v— Sunil (FTX Creditor Champion) (@sunil_trades) February 8, 2025
He shared that FTX is notifying collectors with claims underneath $50,000 by way of e-mail, offering them with data on how one can onboard with the Distribution Service supplier. These collectors will forgo the fitting to obtain funds straight from FTX and can as an alternative have their distributions paid by the distributors, Bitgo or Kraken. Notably, FTX has already credited the distributors with the preliminary distribution funds.
Nonetheless, collectors with lower than $50,000 nonetheless have about $345 million in claims that haven’t accomplished KYC certification.
