The FTX Recovery Trust has announced a scheduled distribution of $1.6 billion to its approved creditors on September 30, 2025. This will be the third payout since the crypto exchange’s collapse in 2022.
The funds will be distributed to creditors who have completed the necessary pre-allocation steps. The Trust will use service providers like BitGo, Kraken, and Payoneer to process the payments.
This significant distribution could have an impact on market liquidity and cryptocurrency prices. It also represents a continued effort by FTX to compensate those who lost assets during the exchange’s bankruptcy. The payments will be managed across different creditor classes and tranches.
September 2025, Cryptoniteuae
📧 The Gulf reads Cryptonite first
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