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FTX Starts $900M Creditor Distribution as Repayments Near $10B

By Kelvin Munene at 2026-10-11 17:15

Sentiment: Positive

TLDR FTX started its fifth creditor distribution of about $900M on July 31. Eligible creditors should receive payments within one to three business days. Payments are being processed through BitGo, Kraken, and Payoneer. International and U.S. customer claims are set to reach 105% recovery. FTX also reached a nearly $165M settlement tied to Junho Bang’s [...] The post FTX Starts $900M Creditor Distribution as Repayments Near $10B appeared first on CoinCentral. Continue reading...

Categories: Crime

Tags: #Crime #FTX #FTX Collapse

Source Coin Central