FTX to distribute $900M to creditors in fifth payment round

CoinTelegraph·

FTX to distribute $900M to creditors in fifth payment round

60-second summary

FTX is distributing $900M to creditors in its fifth payment round. The FTX Recovery Trust has distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.

The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.