#FTX$FTT

🚧Fake news: FTX will start paying out next week;

✅Accurate information: FTX will hold a very important hearing next week on October 7 to approve whether to pass the debt distribution plan;

* For Class 7A debts <50K, compensation will start within 60 days after the plan takes effect (expected to be around December);

* For Class 5A debts >50K, compensation will start as early as Q1 2025;

Which information is true? $FTT