FTX Digital Markets, the Bahamian subsidiary of FTX, is set to begin repayments to creditors on February 18, 2025. The initial refunds will focus on 'convenience class' creditors who claimed losses under $50,000, promising a full return of their funds plus interest. As the bankruptcy proceedings continue, affected users can expect their funds by early March. The repayment comes after the exchange's dramatic collapse in November 2022, which resulted in significant losses for many investors, with a total payout anticipated to exceed $16 billion. The legal fallout from the incident continues, with the former CEO, Sam Bankman-Fried, recently sentenced to 25 years in prison for his role in the crisis. Other executives have also faced repercussions, with various sentences handed down by the end of 2024. Following the lengthy bankruptcy process and litigation, this repayment marks a significant development for the creditors of the notorious exchange.

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