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FTX creditors set to receive $1.6B in third distribution round on Sept. 30

CryptoSlate•Friday, September 19, 2025 at 9:24:18 PM
PositiveCryptocurrency
FTX creditors set to receive $1.6B in third distribution round on Sept. 30
FTX creditors are set to receive a significant $1.6 billion in the third distribution round on September 30, marking a positive step in the recovery process following the exchange's collapse in 2022. This distribution brings some customers to an impressive 95% cumulative recovery rate, highlighting the ongoing efforts to compensate those affected. However, creditors will need to navigate multiple verification steps through the FTX Customer Portal to access their payments, which could take one to three weeks. This news is crucial as it reflects the progress being made in restoring trust and financial stability for FTX's users.
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