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BTC $71,314.17 +3.19%
ETH $2,070.50 +2.18%
BNB $648.59 +1.77%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $451.37 +0.93%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

The next round of FTX compensation distribution is expected to begin around September 30

2025-07-24 08:06:43
Collection

ChainCatcher news, according to a press release, FTX announced that for the holders of the approved 5 categories of customer equity claims and 6 categories of general unsecured claims (as defined in the plan), as well as the convenience claims that have been approved but not yet allocated since the previous record date, the next distribution record date is expected to be August 15, 2025, with the next distribution expected to begin around September 30, 2025. The next distribution will be conducted by FTX's distribution service providers BitGo, Kraken, and Payoneer.

FTX also announced that it has obtained authorization from the bankruptcy court to reduce the disputed claims reserve by $1.9 billion, from $6.5 billion to $4.3 billion, with the released cash to be distributed to the holders of allowed claims in the next distribution.

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