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by: xpoolPosted on: March 31, 2025

FTX to Repay Creditors Starting May 30 with $11.4 Billion Reserve

After two years of legal battles, FTX is set to begin repaying its creditors with a $11.4 billion reserve fund on May 30th, 2025. The repayment plan offers up to 118% of claims in cash for creditors who hold debts exceeding $50,000. This marks a significant step towards resolving the consequences of FTX’s bankruptcy triggered by its collapse in late 2022.

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