In FTX’s bankruptcy case, debtors announced that a reorganization plan will go into effect on January 3 that will pave the way for refunds to customers. In a statement on December 16, FTX said it has established a timeline for the first distribution of funds to its users. The first group of creditors can expect to be repaid within 60 days, starting January 3, 2025. BitGo and Kraken will assist in distributing refunds to FTX users. Refunds for other groups of customers will be announced later. What do you think of these developments? We welcome your comments.