FTX, a cryptocurrency exchange once helmed by Sam Bankman-Fried, plans to start repaying debts to its main creditors at the end of May, Golden Finance reported. The company will allocate funds to thousands of businesses affected by the 2022 bankruptcy, including institutional investors and companies holding cryptocurrencies on the FTX platform, and retail investors, with the first payments to major creditors due to the 2022 bankruptcy. However, according to bankruptcy lawyer Andrew Dietderich, there are a lot of duplications in the claims received, and some are outright fraud, which has led to slow liquidation of the FTX balance sheet.