US EditionFTX Recovery Trust to Distribute Approximately $1.6 Billion to Creditors in Third Distribution on September 30, 2025
- On September 30, 2025, FTX, the bankrupt cryptocurrency exchange, issued a third major payout totaling approximately $1.6 billion to its verified creditors.
- The distribution follows FTX's collapse from criminal mismanagement and fraud by founder Sam Bankman-Fried, who is serving a 25-year sentence.
- Payments were made through service providers BitGo, Kraken, and Payoneer to eligible creditors who completed verification steps including KYC and tax form submission.
- U.S. customers received 40% in this round, raising their total recovery to 95%, while international “Dotcom” customers gained 6%, totaling 78% cumulative payouts.
- The ongoing distributions aim to restore client funds with caution urged against phishing scams pretending to be from FTX or its portal.
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66 Articles
The Berkshire Eagle
FTX Recovery Trust to Distribute Approximately $1.6 Billion to Creditors in Third Distribution on September 30, 2025
WILMINGTON, Del., Sept. 19, 2025 /PRNewswire/ -- FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively "FTX") today announced that, consistent with FTX's Chapter 11 Plan of Reorganization (the "Plan"), FTX will commence distributions to holders of allowed…
FTX Recovery Trust Announces Third $1.6B Creditor Distribution
The FTX Recovery Trust, the organization tasked with repaying former customers and creditors of the defunct exchange, has announced a third distribution of nearly $1.6 billion. According to a press release on Friday, the distribution will begin on September 30. Funds will be transferred to creditors’ accounts via BitGo, Kraken, or Payoneer within three business days. Retail Customers First The repayment plan prioritizes two distinct groups of cr…
FTX To Release $1.6 Billion In Creditor Repayments Sept. 30 – Details – MAXBIT
Reports have disclosed that the FTX Recovery Trust is preparing to release another $1.6 billion to its creditors by September 30. The payout marks the third distribution since the exchange collapsed in late 2022, and payments are expected to reach verified claimants within three business days once they are processed through BitGo, Kraken, or Payoneer....
Bitcoin Insider
Cryptocurrency News | Cryptocurrency Prices | Market CapFTX To Release $1.6 Billion In Creditor Repayments Sept. 30 – Details
Reports have disclosed that the FTX Recovery Trust is preparing to release another $1.6 billion to its creditors by September 30. The payout marks the third distribution since the exchange collapsed in late 2022, and payments are expected to reach verified claimants within three business days once they are processed through BitGo, Kraken, or Payoneer. […]
FTX To Release $1.6 Billion In Creditor Repayments Sept. 30
Reports have disclosed that the FTX Recovery Trust is preparing to release another $1.6 billion to its creditors by September 30. The payout marks the third distribution since the exchange collapsed in late 2022, and payments are expected to reach verified claimants within three business days once they are processed through BitGo, Kraken, or Payoneer. FTX: Breakdown Of Payout Classes The upcoming release will be divided among several groups. US …
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