FTX Repayments Have Begun – Are You Eligible?

[Smilezcryt]

After a long wait, FTX has finally started repaying users who lost their funds when the exchange collapsed. Some might feel it’s too late, but honestly, I’m just grateful that people are finally getting their assets back. In a way, this could even help restore some trust in centralized exchanges (CEXs) moving forward.

Here’s how the payout plan works:

 

• 1 BTC = $18,000 (2022 price)
• 1 ETH = $2,500
• 1 SOL = $15
• Other tokens follow the same rule—payouts are in USD, not crypto.
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Payments are being processed through multiple CEXs, including Bitget, which is offering up to $2,500 in rebates for FTX creditors—those who had funds locked on the platform.

 

So, are you eligible for a refund? Which exchange are you using?

 

[TatumCombs]

Looks like the repayments are mainly for users who had funds stuck in FTX before the collapse. If your claim was approved and you’ve gone through the verification steps, you should be in line for repayment. I’d recommend keeping an eye on updates from coinpaper.com since they cover these kinds of processes and can alert you if anything changes in the distribution timeline.

Edited March 19 by TatumCombs

[SinceGiles]

If you had funds stuck, check your email and account for updates. Some people have already received repayment details. Make sure your contact info is up to date to avoid issues.