TechFlow news, February 4 — Official payout confirmation emails have been sent to FTX digital asset exchange creditors in the Bahamas region. The first round of payouts will begin on February 18, 2025, at 10:00 a.m. Eastern Time. Claimants with claim amounts below $50,000 will receive interest compensation at an annualized rate of 9% accrued from November 11, 2022.
Creditors must receive payout funds through the BitGo platform and verify their Enterprise ID information to ensure secure fund delivery. Payouts may appear as pending transactions up to 10 days prior to the payment date. After funds arrive, they will initially show as "confirmed," but require several additional hours of processing before they can be withdrawn and used.
The liquidation team emphasized that this will be the first and final payout for creditors; all related claims will be canceled upon completion of payment. Creditors are also reminded to beware of scams and never disclose sensitive information via email. All payment details will be handled exclusively through the official FTX Digital Claim Portal.
