May 16, 2025

FTX to Distribute Over $5 Billion to Creditors Starting May 30 Under Reorganization Plan

FTX Trading Ltd., the collapsed crypto exchange once helmed by Sam Bankman-Fried, will begin a large-scale distribution of over $5 billion to its creditors starting May 30, 2025. This second wave of disbursements comes as part of the company’s broader …

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