<ul><li>FTX and its affiliated debtors announced that their reorganization plan will take effect on Jan. 3, 2025, with distributions commencing within 60 days.</li><li>FTX has partnered with BitGo and Kraken to manage the distribution process for retail and institutional creditors, ensuring efficiency and security across jurisdictions.</li><li>The initial distribution will apply to creditors in the Convenience Classes, with separate payment dates announced for other classes.</li><li>FTX CEO encouraged customers to complete necessary steps via the FTX Debtors' Customer Portal to receive payments promptly.</li></ul>

FTX to begin initial distributions by March with Kraken and BitGo as partners

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