FTX will start the second round of creditor payouts on May 30 for holders of allowed claims in specific claim classes.
Distribution percentages by claim class are as follows: Class 5A - 72%, Class 5B - 54%, Classes 6A & 6B - 61%, Class 7 - 120%.
Customers who chose BitGo or Kraken as their distribution service provider can expect funds within 1 to 3 business days after May 30.
Claimants must log in to the FTX Customer Portal, complete KYC verification, submit required tax documentation, and onboard with BitGo or Kraken to be eligible for future distributions.