FTX to begin Bahamas creditor repayments on February 18

Key Takeaways FTX will start repaying Bahamas-based creditors on February 18, beginning with claims under $50,000. Eligible creditors will receive 100% of their claim value plus 9% interest, processed by BitGo. Share this article FTX is set to begin repaying its creditors nearly three years after its collapse, marking a significant milestone in the aftermath of one of crypto’s most notorious bankruptcies. According to an email sent to creditors, the first wave of reimbursements will start at 10 AM ET on February 18, focusing on claims under $50,000 categorized as…