FTX to Distribute $5 Billion in Creditor Payouts: Impact Expected but Cautious

FTX is set to begin distributing over $5 billion to creditors on May 30, 2025, using Kraken and BitGo for the process. This major financial move signals a potential boost to the cryptocurrency market but carries significant impact as it follows prior challenges. The FTX Recovery Trust will be handling these distributions, targeting those with claims exceeding $50,000 first. Prior payouts have shown mixed market results, and creditors remain cautious about reinvesting in this latest distribution. Observers anticipate adjustments but suggest caution for market behavior. Experts believe skepticism from creditors might limit immediate market reinvestments.