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FTX Bahamas Set to Begin Creditor Payouts on February 18

FTX Digital Markets, the Bahamian arm of the collapsed cryptocurrency exchange FTX, will begin repaying creditors under the "convenience class" category starting February 18, 2025.  According to an official distribution notice, eligible claimants with adjudicated claims under $50,000 will receive full reimbursement along with 9% interest per annum from November 11, 2022. The repayments will…

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