FTX creditor representative: Kraken has issued a fund distribution notice to creditor clients
ChainCatcher message, FTX creditor representative Sunil posted on the X platform stating that Kraken has issued a fund distribution notice to FTX creditor clients, with the fund distribution date for FTX US creditors set for May 30, 2025 (total debt amount: $312 million), and for FTX international creditors on June 2, 2025.Previously reported, FTX has announced the launch of the second phase of the user repayment program, expecting to distribute over $5 billion to creditors, who will receive the funds within 1 to 3 business days.