Billions Back: FTX to Begin $5B+ Creditor Repayments on May 30
FTX will repay over $5B to creditors on May 30. Some users may recover more than they lost—crypto’s biggest redemption begins.
In one of crypto's most anticipated developments, FTX is set to distribute over $5 billion to its creditors starting May 30, 2025. The bankrupt exchange will begin issuing repayments via platforms like Kraken and BitGo, targeting verified users who have completed their documentation.
According to the latest court filings, some creditors may recover up to 120% of their claims, due to asset appreciation and favorable settlements. Payments are expected to land within 1–3 business days once processed.
This marks a significant milestone in the long-running FTX saga, giving hope to thousands who lost access to their funds during the 2022 collapse. The repayments are part of a broader restructuring plan as the estate continues to liquidate and recover assets.
Why it matters:
FTX’s payouts could set a precedent for future crypto bankruptcies, restore partial investor confidence, and potentially inject liquidity back into the market.
Do you believe this is enough to rebuild trust in centralized exchanges? Let us know your thoughts in the comments!
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