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FTX to begin payout distributions for small creditors on Feb. 18, large claims remain pending – TON BOT

FTX to begin payout distributions for small creditors on Feb. 18, large claims remain pending

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FTX will distribute funds to small creditors on Feb. 18, with approved Convenience Class claims receiving full repayment and interest. Larger creditors are still awaiting resolution due to legal disputes. FTX’s bankruptcy was caused by misuse of funds by Alameda Research. New CEO John J. Ray III is leading efforts to recover assets.

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