Customers in Initial Distributions Expected to Receive Funds within 1-3 Business DaysNext Distribution Record Date Set for April 11, 2025 with Distribution on May 30, 2025WILMINGTON, Del., Feb. 18, 2025 /PRNewswire/ -- FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively "FTX") today announced that FTX has commenced the initial distributions of recoveries to holders of allowed claims in FTX's Convenience Classes (the "Initial Distribution"), as defined in FTX's Chapter 11 Plan of Reorganization (the "Plan"). Customers should expect to receive funds within 1 to 3 business days.FTX also announced the anticipated record date for the next distribution (the "Next Distribution") will be April 11, 2025 for holders of allowed claims of FTX's Class 5 Customer Entitlement Claims and Class 6 General Unsecured Claims as defined in the Plan, as well as Convenience Claims that have become allowed since the initial record date and have not received their distribution. The Next Distribution is expected to commence on May 30, 2025.John J

Customers Expected to Receive Funds within 1-3 Business DaysBitGo and Kraken Receive Funding to Assist in Distributing RecoveriesWILMINGTON, Del., Feb. 7, 2025 /PRNewswire/ -- FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively "FTX") today announced that, consistent with FTX's Chapter 11 Plan of Reorganization (the "Plan"), FTX will commence initial distributions to holders of allowed claims in the Plan's Convenience Classes on February 18, 2025 (the "Initial Distribution"). The Initial Distribution is limited to holders of allowed claims in the Plan's Convenience Classes that have completed the pre-distribution requirements. Eligible creditors should expect to receive their distributions within 1 to 3 business days from February 18, 2025