#FTX - compensation coming soon✅
FTX will begin paying out compensation to creditors and users in early 2025.
1️⃣ Early December 2024 – Compensation distribution agent agreements will be finalized. Users will receive detailed instructions on how to create an account on the client portal.
2️⃣ End of December 2024 - the exchange will announce the exact date of entry into force of the company's reorganization plan following the relevant court ruling.
3️⃣ Early January 2025 is when the plan is expected to go into effect. After that, the first distribution will occur within 60 days.
To receive compensation, you must: create an account on the distributor portal, go through the KYC procedure and provide all the necessary information.
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