FTX Begins $5 Billion Creditor Payout Initiative

FTX Trading Ltd. and the FTX Recovery Trust have begun distributing over $5 billion to eligible claim holders as part of a second phase in the recovery efforts following the company’s bankruptcy. This initiative, overseen by CEO John J. Ray III, began on May 30, 2025. The total disbursed thus far amounts to $9.7 billion. The distribution includes both fiat currency and crypto assets. For more details, visit the official FTX claims website.