FTX Credit Distribution Update: Kraken Notifies Customers of Successful Enrollment as Distribution Platform

According to email information shared by FTX creditor Sunil, Kraken has begun sending emails to customers who have chosen it as the FTX debt distribution platform to confirm that the account association and verification process has been successfully completed. BitGo may take similar actions. At present, the timetable for debt distribution has not yet been determined, but for debts less than US$50,000, it must be processed within 60 days from January 3, 2025; there is no clear timetable for debts exceeding US$50,000.