FTX creditors' representatives latest disclosure: small claims have begun to be paid, progress on claims processing in the Bahamas.

2025-06-08 03:24:28

Sunil, the representative of FTX creditors, stated that the process for FTX creditors in the Bahamas is at different stages: 1) identification: many are pending verification 2) payment instructions: submitted 3) claims: locked. Bitgo is currently the only distribution platform, and claims with amounts less than $50,000 have been paid on February 18.

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