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FTX will launch a new round of debt distribution on September 30, releasing $1.9 billion in disputed reserve funds
By: odaily.com|2025/07/24 08:21:55
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Odaily News FTX announced that the record date for the next round of claims distribution is August 15, 2025, and is expected to start on September 30, applicable to approved Class 5 customer claims, Class 6 general unsecured claims, and previously unallocated convenience claims. At the same time, FTX has obtained court approval to reduce the disputed claims reserve from US$6.5 billion to US$4.3 billion, releasing approximately US$1.9 billion in cash for this round of distribution. (prnewswire)
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