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FTX Recovery Trust Begins $5 Billion Distribution May 30

  • FTX Trading Ltd. and the FTX Recovery Trust will begin the second round of disbursements to creditors on May 30, 2025, under the approved Chapter 11 Plan of Reorganization.
  • Eligible creditors will receive their funds through BitGo or Kraken within 1 to 3 business days once all prerequisites are satisfied.
  • Distribution percentages vary by class, with Convenience Claims set to receive up to 120% of their claim.
  • FTX's recovery distribution marks progress in reorganization efforts, emphasizing compliance requirements for shareholders to ensure future entitlements.

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