FTX creditors representative: small users will receive 120% compensation in 2025, while large users will receive full compensation in phases.

[Jinse Finance] Jinse Finance reported that FTX creditor representative Sunil posted an update on the creditor compensation situation, stating:

1. On February 18, 2025, the compensation ratio for users with amounts less than $50,000 is 120%;

2. On May 30, 2025, users with an amount exceeding $50,000 will receive a compensation of 72.5%, while users with an amount less than $50,000 will receive a compensation rate of 120%;

3. The expected distribution times for compensation in the future are: October and December 2026, as well as 2027.

4. Users whose amount exceeds $50,000 and have already received 72.5% compensation will subsequently receive 27.5% of the face value compensation, achieving 100% compensation.

(Note: According to the compensation situation, the interest rate for FTX creditors after applying for compensation is approximately 40-80%.)