FTX Begins Second $5 Billion Distribution to Eligible Claim Holders 💰
FTX has started the second phase of its financial distribution plan, releasing over $5 billion to holders of approved claims as part of its Chapter 11 Plan of Reorganization. This payout targets individuals in both the Convenience and Non-Convenience Classes who have met the required pre-distribution criteria.
Claimants such as customers and creditors should anticipate receiving their allocated funds within one to three business days.
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