FTX to Repay Over $5 Billion to Creditors on May 30

Bankrupt crypto exchange FTX will distribute more than $5 billion to creditors on May 30. The payout marks one of the largest single-day distributions in crypto bankruptcy history. Eligible creditors must have had an “Allowed” claim status as of April 11, 2025. They were also required to complete Know Your Customer (KYC) verification, submit tax forms, and select a distribution provider source: https://beincrypto.com/ftx-repayment-5-billion-creditor-distribution-may-2025/