<ul><li>FTX Recovery Trust will disburse over $5 billion to creditors starting May 30 as part of the repayment efforts post-collapse.</li><li>Creditors have been categorized into different classes with varying payout rates, ranging from 54% to 120% based on the convenience class they belong to.</li><li>Eligible creditors are set to receive payments through distribution service providers Bitgo or Kraken within one to three business days after May 30.</li><li>Total repayments could potentially reach up to $16.5 billion if all claims are filed, while legal proceedings have been initiated against entities withholding digital assets.</li></ul>

FTX Creditors to Receive Over $5B Starting May 30

Discover more