On February 8th, according to the news from FTX creditors on behalf of Sunil, FTX has sent an email to creditors less than $50,000 to notify them of the initial distribution of funds. These creditors need to register with a distribution service provider (such as Bitgo or Kraken) and authorize the service provider to receive and pay the distribution funds on their behalf. At present, FTX has transferred the first batch of funds to these distribution service providers. At the same time, some creditors display their claims status on the FTX claims portal. It is reported that creditors less than 50,000 dollars still have about 345 million dollars of claims that have not completed KYC certification. Previously, it was reported that FTX would begin repayment to creditors on February 18, 2025.