FTX Recovery Trust to Distribute More Than $5 Billion to Creditors on May 30

FTX Recovery Trust, the entity overseeing the bankruptcy estate of the collapsed crypto exchange FTX Trading Ltd., said it will distribute more than $5 billion to creditors on 30 May 2025. The upcoming payout marks the second distribution under the company’s court-approved Chapter 11 Plan of Reorganization.

Payments will be made to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes who have completed the required pre-distribution steps. The move is intended to advance restitution to thousands of customers and other creditors affected by FTX’s 2022 collapse.

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