FTX to Start Next Creditor Payout on September 30
Main Idea
FTX will distribute the next batch of creditor claims starting September 30, following a court-approved reduction of the claims reserve by $1.9 billion, with payouts processed via BitGo, Kraken, and Payoneer.
Key Points
1. FTX's next creditor claim distribution begins on September 30 after a bankruptcy court approved reducing the claims reserve by $1.9 billion.
2. Eligible claim holders must be on record by August 15 to receive payouts.
3. FTX has already distributed approximately $6.2 billion to former customers.
4. The upcoming payouts will be processed through BitGo, Kraken, and Payoneer.
5. The court ordered FTX to revise its proposal for handling claims in restricted jurisdictions.
Description
The post FTX to Start Next Creditor Payout on September 30 appeared first on Coinpedia Fintech News FTX will begin distributing the next batch of creditor claims on September 30 after a bankruptcy court approved reducing the claims reserve by $1.9 billion. Eligible claim holders must be on record by August 15. To date, FTX has distributed around $6.2 billion to former customers. The upcoming payouts will be handled through BitGo, Kraken, and Payoneer. The court also ordered FTX to revise its pro...
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