👉 FTX to begin payments to creditors in March. The bankrupt exchange announced that its reorganization plan will take effect on January 3, 2025, with the first payments to be made within 60 days. For the process, FTX has partnered with Kraken and BitGo, responsible for managing the distributions in a secure and efficient manner, including payments in stablecoins. The initial distribution will be destined only to creditors in the “Convenience Classes”, while other categories will have dates announced at a later date.

https://cryptoslate.com/ftx-to-begin-initial-distributions-by-march-with-kraken-and-bitgo-as-partners/