FTX creditors missing first repayment may qualify for Q2 distribution

Sunil Kavuri, representative of FTX’s largest creditor group, stated on X that FTX has notified customers who did not meet the requirements for the Feb. 18 distribution. Excluded creditors include those with claims under review, claims exceeding $50,000 or those who have not completed KYC, tax or distribution provider requirements. They may be included in future distributions, expected in Q2 2025, if the issues are resolved.