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The second phase of FTX reimbursement is expected to begin in the second quarter, and the first phase of reimbursement will begin on February 18

On February 14, FTX creditors disclosed on behalf of Sunil that FTX has sent email notifications to customers who have not met the requirements of the first round of asset allocation. Customers who failed to participate in the first round of distribution on February 18, 2025 include: customer claims under review, customers with claims over $50,000, and customers who have not completed KYC, tax and distributor-related requirements. These customers will be included in the subsequent distribution plan after completing the relevant requirements, which is expected to take place in the second quarter of 2025. BlockBeats previously reported that the scale of FTX's first phase reimbursement amount 6.50 billion to $7 billion, which will be implemented on February 18, 2025. The reimbursement price will be calculated at the November 2022 price level.