TechCointelegraphabout 1 hour ago
FTX to pay $900M in fifth creditor round
1 min read
The FTX Recovery Trust will distribute about $900 million to creditors starting July 31. Eligible claimants receive funds through BitGo, Kraken, or Payoneer within one to three business days. Convenience claims under $50,000 get 120% reimbursement; others receive 103-105%. Total payouts since the November 2022 bankruptcy filing now reach about $10 billion.
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