The bankrupt cryptocurrency exchange FTX recently announced the date for their next payour to creditors.
Kraken has announced via email that FTX creditors will receive their next payout distribution on May 30, 2025.
This will include claims both below and above $50,000, marking an important milestone in the long-awaited repayment process following the FTX collapse in November 2022.
The upcoming payment comes after a series of delays, primarily affecting larger claimants, while smaller creditors have seen payouts in earlier distributions.
Despite this progress, the exact details regarding the total amount to be distributed or the specific payout percentages remain unclear.
This development has brought new attention to the FTX bankruptcy proceedings, as both individual investors and institutions affected by the collapse have been anxiously awaiting clarity on their potential recoveries.
While this payout signals forward movement in the process, further updates are expected as the bankruptcy process unfolds and more details are made available.
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