FTX Debtors Announce Procedure for Voluntary Return of Funds to Avoid Litigation

FTX Debtors publishes procedures for the voluntary return of funds in which certain recipients of donations or other payments made at the direction of SBF, other officers or principals have approached FTX Debtors and have been directed to return such funds to FTX Debtors, and FTX Debtors have also We are working with these recipients to ensure that these payments are promptly returned to FTX for the benefit of customers and creditors. If such payments are not returned voluntarily, FTX Debtors intends to file an action in bankruptcy court for the return of such payments with interest accruing from the date of commencement of any action.