🚨 FTX Begins $18B Repayments Tomorrow, Small Creditors to Get 120.5%
FTX will start repaying creditors on February 18, with claims under $50K receiving 120.5% within three days, while larger claims (up to 175%) begin in Q2 2025. 98% of BTC holders face losses due to a $20K cap, despite Bitcoin trading at $96,500. FTX raised funds through 41M SOL token sales, with Galaxy Digital leading purchases. The repayment process, overseen by BitGo, must be completed within 60 days.
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