Approximately 392,000 creditors of FTX have not started their KYC verification process, risking 2.5 billion USD in repayments. The deadline for verification has been extended to June 1, 2025, allowing a final opportunity to validate claims.
The next repayment round is scheduled for May 30, 2025, with over 11 billion USD expected in claims. The recovery plan anticipates that 98% of creditors will receive at least 118% of their initial claims.
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