FTX, the collapsed cryptocurrency exchange, when helped by Sam Bankman-Fred, plans to start paying his most important creditors at the end of May, Bloomberg reported on the basis of Delaware lawsuits this week.

The company has collected $ 11.4 billion in cash to distribute to thousands of parties affected by its 2022 bankruptcy with the first payments to major creditors set for May 30.

These include institutional investors and businesses that kept crypto on FTX’s platform. Smaller creditors with claims below $ 50,000 have already begun to receive distributions.

FTX’s collapse left a financial crater and a trail of frustrated creditors – many of which are expected to be repaid in crypto, not dollars. Since the bankruptcy, the price of Bitcoin has more than quadrupled, which intensifies frustrations among those waiting for their assets.

The task of relaxing FTX’s balance has been slowed down by a large number of requirements, many of them allegedly questionable. Andrew Dietderich, a bankruptcy attorney for the company, told the court that FTX has received “27 Quintillion” requirements, reported Blloomberg, many of which are duplicates or directly false.

Interest payments aggravate it urgently. While FTX only earns a modest return on its cash, legitimate creditors are entitled to 9% interest annually on unpaid claims. The longer it takes to pay, the more the company could owe.

Read more: Almost all FTX creditors get 118% of their funds back in cash, says property in new plan