“The Payments Are Being Distributed in Us Dollars Through Bitgo and Kraken.”, – WRITE: www.coindesk.com
Multiple USers on the FTX Subreddit Have Reported Receive Funds on Accounts at Crypto Exchange Kraken with The Aded Interest on Top. Creditors are screduled to Receive Roughly 119% of Their Adjudicated Claim Value, Account to the Bankring Plan.
Arkham Intelligence Also Pointing to FTX’s Wallet Outflows as evidence of the Payments, WHICH IT SAYS are expectioned to total around $ 1.2 Billion.
FTX USERS RECEIVING FUNDSUSERS WITH FTX CLAIMS OF Under $ 50,000 have Started to Receive Funds Today Throup Distribution Providers Kraken and Bitgo.
This Wave of Credtors Represents Approximately $ 1.2b in Value. pic.twitter.com/sfgdsNorbs
– Arkham (@arkham) February 18, 2025
Credites with Claims Exceeding the $ 50,000 Thresold Are Set to Begin Receive Their Payments in the Second Quarter, with ARUND $ 16 Billion Set to Be Distributed in Total.
The Funds Are Being Distributed in Us Dollars Through Both Bitgo and Kraken. Accorging to screenshots Shared on Reddit, Kraken Also Distributed Trading-Fee Credits to Users. The Move Is Seen As A Way for Kraken to Distribute the Payouts Without Proficiency from Them.
