FTX will begin payments to small creditors on February 18: full reimbursement up to $50,000 with 9 percent annual interest to BitGo accounts, large creditors remain awaiting decisions 💼💰

FTX will begin payments to small creditors on February 18. Creditors with claims up to $50,000 will receive full reimbursement, along with an interest rate of 9 percent per year. The funds will be credited to verified BitGo accounts after creditors confirm their data through the FTX Digital portal. While small creditors will receive full reimbursement, large investors, including institutional clients, remain awaiting a decision on their claims, which depend on more complex legal and financial procedures.