FTX's bankruptcy estate has initiated a creditor repayment program, starting with $1.2 billion for smaller claims under $50,000. This initial distribution caters to the majority of affected customers, with payments expected within 1 to 3 business days. The bankruptcy estate anticipates total compensations between $14.5 billion and $16.3 billion, impacting several hundred thousand investors who filed claims following FTX's Chapter 11 filing. FTX's founder, Sam Bankman-Fried, was found guilty of customer fraud, and repayments will be notably based on asset valuations from November 2022, when Bitcoin was valued around $20,000. Current prices have increased significantly, leading to dissatisfaction among creditors, many of whom will only recover a fraction of their original investments. The estate aims to conduct additional payments in the second quarter of 2025, but large claims and those under review may face delays. Overall, the bankruptcy repayment plan brings some relief but also highlights challenges in fairness for creditors.

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