FTX will begin distributing over $5 billion to approved users and creditors on May 30, nearly three years after the exchange collapsed.
Repayments as part of the bankruptcy process mark a significant step in returning money to those owed by the bankrupt exchange.
Four main creditor groups will receive between 54% and 120% of the total amounts owed when FTX collapsed in November 2022.
Critics have raised concerns about using crypto values for repayments, fearing it may result in smaller returns due to market changes since the collapse.