<ul><li>FTX Trading Ltd. and the FTX Recovery Trust will distribute over $5 billion to eligible creditors starting on May 30, 2025, as part of the second major payout under Chapter 11 bankruptcy.</li><li>The repayment plan will benefit creditors who completed necessary requirements including onboarding with approved platforms like BitGo or Kraken, with funds expected to reach them 1 to 3 days post distribution.</li><li>Initial distribution in February prioritized smaller claims, while the upcoming payments in May will focus on larger claims, with creditors set to receive between 54% and 120% of their allowed claim amounts.</li><li>Repayments are based on assets' November 2022 value, not current prices. FTX's efforts show progress in recovering from the financial scandal and hint at building trust within the crypto industry post-collapse.</li></ul>

FTX to Start $5 Billion Repayment Plan for Creditors on May 30

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