BitGo News: FTX To Start Creditor Repayments In February

BitGo Unicorn News - February 04, 2025

FTX will commence repayments to its Bahamas-based creditors on February 18, 2025, marking a key step in its bankruptcy proceedings. Creditors with claims under $50,000 will be prioritized, receiving full repayment plus interest. Payments will be processed by BitGo, as FTX works to rebuild trust and address financial challenges.

Sources
https://cryptobriefing.com/ftx-creditor-repayments-february-18/

Outline
(00:00:00) Introduction
(00:00:27) FTX to Begin Creditor Repayments Processed via BitGo on February 18

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