FTX to Begin Next Creditor Payout on May 30

FTX to Begin Next Creditor Payout on May 30

After the first payout phase began this week, the now-defunct cryptocurrency exchange FTX has set the date for its second round of creditor distributions for May 30. The FTX estate will continue to pay creditors through the middle of 2025, according to official bankruptcy notifications. This second reimbursement will give priority to larger claims and single repayments that total more than $50,000. Creditors expect to get billions in recovere...

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