Announcement: Customers are eligible for payments

The Joint Official Liquidators (“JOLs”) of FTX Digital Markets Ltd (“FTX Digital”) are pleased to announce that it is currently envisioned that a distribution to eligible Convenience Class Customers/Creditors will be made on 18 February 2025. Customers who are eligible to receive this distribution received email confirmation from claims@ftx.pwc.com on 4 February 2025. The distribution will be a first and final distribution. The amount paid to Customers/Creditors will be c.120%, representing 100% of Customer/Creditor adjudicated claim values plus Post-Petition Interest.

Customers/Creditors who have not received an email will not be included in the first distribution which could be due to one or more of the following reasons:

1. The Customer/Creditor has chosen to wait for alternative distribution providers to become available;
2. The Customer/Creditor is not in the Convenience Class;
3. The Customer/Creditor did not meet the Pre-Distribution Requirements; or
4. The JOLs are continuing their review of the Customer/Creditors’ claim.

We note Customers/Creditors may have passed these requirements since the cut off date for the first distributions. Distributions will be made periodically and Customers/Creditors will receive notice prior to the next distribution if they are eligible.

Any Customer/Creditor yet to meet the requirements will remain eligible for the distribution process via later distributions with the opportunity to receive a catch-up distribution at a later date if the requirements are subsequently met. The JOLs anticipate the first catch-up distribution will be made in Q2 2025 and suggest Customers/Creditors action any requests from the JOLs as soon as possible to minimise any additional delays in receiving their catch up distribution.

The timing of distributions for Non-Convenience Class Customers/Creditors and non-customer creditors (“Other Creditors”) has not yet been set but these are expected to be made in Q2 2025. All Non-Convenience Class Customers/Creditors will be contacted once a date has been set. Please monitor the FTX Digital Liquidation twitter page for more updates: https://x.com/FTX_DMOfficial

Customers/Creditors should be aware of potential scams related to the distribution process. The Liquidators will never ask for any payment details to be provided via email. ​Please only follow the instructions to enter your payment details via the FTX Digital Claim Portal, and do not click into external websites via untrusted emails.