FTX to Distribute Over $5B to Creditors Beginning May 30, 2025

The post FTX to Distribute Over $5B to Creditors Beginning May 30, 2025 appeared first on Coinpedia Fintech News

The defunct cryptocurrency exchange partnered with Kraken and BitGo to facilitate the distribution of funds to creditors. FTX Recovery Trust will continue with recovering more funds for creditors and resolving outstanding claims.  FTX Recovery Trust announced the second phase of the funds distribution will commence on May 30, 2025. According to the announcement, FTX will …