FTX to Distribute $5B to Creditors on May 30
FTX Trading Ltd. and the FTX Recovery Trust today announced they will distribute over $5 billion to eligible creditors starting May 30, 2025, as part of the second payout under its bankruptcy reorganization plan. The payments, tied to FTX’s Chapter 11 Plan of Reorganization, will provide eligible creditors with a substantial portion of their allowed … Read more