{"id":144985,"date":"2024-12-17T13:00:48","date_gmt":"2024-12-17T11:00:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144985"},"modified":"2024-12-17T02:51:33","modified_gmt":"2024-12-17T00:51:33","slug":"kraken-and-bitgo-to-lead-ftx-repayment-process-starting-january-2025","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/kraken-and-bitgo-to-lead-ftx-repayment-process-starting-january-2025\/","title":{"rendered":"Kraken and BitGo to Lead FTX Repayment Process Starting January 2025"},"content":{"rendered":"

Announced<\/a> <\/strong>on December 16, the plan outlines an initial distribution phase, with eligible users expected to receive funds within 60 days of the start date, provided certain conditions are met.<\/p>\n

Crypto firms BitGo and Kraken will manage the distribution, with more customer groups to follow in later phases.<\/p>\n

Priority will be given to smaller claims, with users owed $50,000 or less receiving up to 119% of their account value. BitGo CEO Mike Belshe reaffirmed the firm\u2019s commitment to assisting in the recovery process.<\/p>\n