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Sam Bankman-Fried Appeals: FTX Founder’s Fate Heads Back to Court on November 3
Exactly two years after being sentenced to 25 years in prison, Sam Bankman-Fried (SBF), the former head of collapsed crypto exchange FTX, is set to return to court—this time to appeal. His high-profile case will be reviewed by the U.S. Court of Appeals for the Second Circuit during the week of November 3, 2025.
Appeal Hearing Set for Two-Year Sentencing Anniversary
A proposed scheduling order was filed on July 30, 2025, officially placing the appeal on the court calendar for the week of November 3—precisely two years after SBF was originally convicted.
Bankman-Fried was convicted on November 3, 2023, on seven felony counts, including wire fraud, securities fraud, and conspiracy to commit money laundering. U.S. District Judge Lewis Kaplan sentenced him on March 28, 2024, to 25 years in federal prison.
Appeal Targets Jury Instructions, Testimony Limits, and Key Evidence Handling
Since spring 2024, the appeals process has been unfolding at the Second Circuit, with both sides filing briefs debating whether SBF received a fair trial. Based on available filings, SBF’s legal team is reportedly challenging how the court handled critical evidence, jury instructions, and restrictions on his own testimony. Their goal is to overturn the verdict or secure a retrial.
While most of the formal appeal’s contents remain sealed or partially redacted from public records, previous motions suggest the core argument centers on procedural fairness and the adequacy of the trial process.
U.S. Government: Verdict Was Just and Backed by Strong Evidence
On December 13, 2024, the U.S. Department of Justice filed a response defending the fairness of the original trial. Prosecutors argue that SBF received a just trial and that the verdict was firmly supported by substantial evidence of criminal wrongdoing.
Crypto Industry on Edge – Outcome Could Shift Regulatory Tone
Just as during the original trial, the crypto community is watching closely. The dramatic collapse of FTX in 2022 marked a turning point in how regulators approach the industry—leading to stricter rules, broader investigations, and heightened scrutiny.
The outcome of the appeal may not only influence SBF’s future but could also signal how the U.S. legal system plans to handle crypto-related crimes moving forward.
What If the Appeal Fails?
If the Second Circuit upholds the original conviction, SBF’s remaining options will be very limited. He could request a rehearing en banc, where all Second Circuit judges reconsider the case—a rare occurrence. Beyond that, he may petition the U.S. Supreme Court by filing for a writ of certiorari.
If the court overturns any part of the sentence, the case could be sent back for a new trial or resentencing.
SBF Filed His Final Reply in January
Bankman-Fried’s legal team submitted their final reply to the court on January 31, 2025. Now, all eyes are on the appeals panel—and its decision may reshape not just one man’s fate, but the broader legal landscape for crypto in the U.S.
#SamBankman-Fried , #FTX , #SBF , #CryptoScandal , #CryptoNews
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Appeal Hearing Set for Two-Year Sentencing Anniversary
A proposed scheduling order was filed on July 30, 2025, officially placing the appeal on the court calendar for the week of November 3—precisely two years after SBF was originally convicted.
Bankman-Fried was convicted on November 3, 2023, on seven felony counts, including wire fraud, securities fraud, and conspiracy to commit money laundering. U.S. District Judge Lewis Kaplan sentenced him on March 28, 2024, to 25 years in federal prison.
Appeal Targets Jury Instructions, Testimony Limits, and Key Evidence Handling
Since spring 2024, the appeals process has been unfolding at the Second Circuit, with both sides filing briefs debating whether SBF received a fair trial. Based on available filings, SBF’s legal team is reportedly challenging how the court handled critical evidence, jury instructions, and restrictions on his own testimony. Their goal is to overturn the verdict or secure a retrial.
While most of the formal appeal’s contents remain sealed or partially redacted from public records, previous motions suggest the core argument centers on procedural fairness and the adequacy of the trial process.
U.S. Government: Verdict Was Just and Backed by Strong Evidence
On December 13, 2024, the U.S. Department of Justice filed a response defending the fairness of the original trial. Prosecutors argue that SBF received a just trial and that the verdict was firmly supported by substantial evidence of criminal wrongdoing.
Crypto Industry on Edge – Outcome Could Shift Regulatory Tone
Just as during the original trial, the crypto community is watching closely. The dramatic collapse of FTX in 2022 marked a turning point in how regulators approach the industry—leading to stricter rules, broader investigations, and heightened scrutiny.
The outcome of the appeal may not only influence SBF’s future but could also signal how the U.S. legal system plans to handle crypto-related crimes moving forward.
What If the Appeal Fails?
If the Second Circuit upholds the original conviction, SBF’s remaining options will be very limited. He could request a rehearing en banc, where all Second Circuit judges reconsider the case—a rare occurrence. Beyond that, he may petition the U.S. Supreme Court by filing for a writ of certiorari.
If the court overturns any part of the sentence, the case could be sent back for a new trial or resentencing.
SBF Filed His Final Reply in January
Bankman-Fried’s legal team submitted their final reply to the court on January 31, 2025. Now, all eyes are on the appeals panel—and its decision may reshape not just one man’s fate, but the broader legal landscape for crypto in the U.S.
#SamBankman-Fried , #FTX , #SBF , #CryptoScandal , #CryptoNews
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
FTX Creditor Payouts Incoming
Around $1.9 billion will be distributed to creditors
Markets are watching to see if funds return as capital or liquidity pressure
#FTX
Around $1.9 billion will be distributed to creditors
Markets are watching to see if funds return as capital or liquidity pressure
#FTX
See original
#FTX
The FTX token is currently moving within a descending wedge pattern on the daily time frame.
In a bullish scenario, the price must break above a resistance cluster, including the wedge resistance, the Ichimoku cloud, and the 100 moving average.
If this breakout occurs, we may see a price increase towards $2.50.
The FTX token is currently moving within a descending wedge pattern on the daily time frame.
In a bullish scenario, the price must break above a resistance cluster, including the wedge resistance, the Ichimoku cloud, and the 100 moving average.
If this breakout occurs, we may see a price increase towards $2.50.
FTX/Alameda just staked 20,736 $ETH worth $79M 🤯
Here's the kicker:
They withdrew 21,650 ETH from #Bybit months ago at ~$3,478 average.
Are they signaling confidence?
Or front-running something bigger?
Either way, smart money is moving — don’t ignore it.
📊 Source:
#Ethereum #ETH #CryptoNews #Alameda #FTX
Here's the kicker:
They withdrew 21,650 ETH from #Bybit months ago at ~$3,478 average.
Are they signaling confidence?
Or front-running something bigger?
Either way, smart money is moving — don’t ignore it.
📊 Source:
#Ethereum #ETH #CryptoNews #Alameda #FTX
FTX/Alameda Just Staked 20,736 $ETH ($79M)
After months of asset recovery and court proceedings, a massive 20,736 ETH has been sent for staking — signaling a potential pivot from liquidation to yield generation.
Is this a strategic move to preserve value for creditors, or something bigger brewing? 👀
#FTX #ETH #AlamedaResearch #BinanceSquareFamily
After months of asset recovery and court proceedings, a massive 20,736 ETH has been sent for staking — signaling a potential pivot from liquidation to yield generation.
Is this a strategic move to preserve value for creditors, or something bigger brewing? 👀
#FTX #ETH #AlamedaResearch #BinanceSquareFamily
B
BBUSDT
Perp
Closed
PNL
-58.48USDT
FTX & Alameda just staked 20,736 $ETH — worth $79M.
After months of liquidations and courtroom drama, they’ve now shifted gears toward staking.
Yield over sell pressure?
Could this mark a strategic shift toward value preservation… or is there a larger play in motion? 👀
#FTX #Alameda #ETH #CryptoNews🔒📰🚫 #BinanceSquareFamily
After months of liquidations and courtroom drama, they’ve now shifted gears toward staking.
Yield over sell pressure?
Could this mark a strategic shift toward value preservation… or is there a larger play in motion? 👀
#FTX #Alameda #ETH #CryptoNews🔒📰🚫 #BinanceSquareFamily
🚨NOW: FTX/Alameda has sent 20,736 $ETH worth $79M for staking.
🚨 BREAKING: FTX/Alameda has staked 20,736 $ETH worth $79M, as reported by @Cointelegraph! This move involves multiple transactions from Alameda Research to Figment's staking pool, with amounts ranging from 1.54K to 3.20K ETH per transfer. A bold step for the bankrupt estate—could this signal a strategic shift or asset optimization? Stay tuned! #ETH #CryptoNews bun
#FTX #FOMCMeeting #WhiteHouseDigitalAssetReport $BTC #EthereumTurns10 #ETHCorporateReserves $ETH
#FTX #FOMCMeeting #WhiteHouseDigitalAssetReport $BTC #EthereumTurns10 #ETHCorporateReserves $ETH
🚀 $FTT /USDT – STRONG BOUNCE FROM DEMAND ZONE, LONG SETUP ACTIVATED! 🔥📈
$FTT has surged off the $0.93–$0.95 support zone and is now reclaiming the key $1.00 level with solid bullish momentum. Rising volume and strong recovery structure hint at continuation toward higher targets.
📊 Trade Setup:
Entry Range: $0.9950 – $1.0100
Target 1: $1.0500
Target 2: $1.0700
Stop Loss: $0.9620
Breakout potential is strong if FTT stays above $1.00 — manage risk accordingly.
👉 Click this to trade $FTT
#Crypto #FTX #Altcoins #Breakout #USDT
$FTT has surged off the $0.93–$0.95 support zone and is now reclaiming the key $1.00 level with solid bullish momentum. Rising volume and strong recovery structure hint at continuation toward higher targets.
📊 Trade Setup:
Entry Range: $0.9950 – $1.0100
Target 1: $1.0500
Target 2: $1.0700
Stop Loss: $0.9620
Breakout potential is strong if FTT stays above $1.00 — manage risk accordingly.
👉 Click this to trade $FTT
#Crypto #FTX #Altcoins #Breakout #USDT
🚨 FTX/Alameda Just Staked $79M in ETH! 🔥
Just 1 hour ago, FTX/Alameda staked 20,736 $ETH — worth a whopping $79M.
But here’s the twist: Between Dec 17, 2024, and Jan 9, 2025, they quietly withdrew 21,650 $ETH ($75.3M) from #Bybit at an average price of $3,478.
📊 Let us know what you think.
#ETH #FTX #CryptoNews
Just 1 hour ago, FTX/Alameda staked 20,736 $ETH — worth a whopping $79M.
But here’s the twist: Between Dec 17, 2024, and Jan 9, 2025, they quietly withdrew 21,650 $ETH ($75.3M) from #Bybit at an average price of $3,478.
📊 Let us know what you think.
#ETH #FTX #CryptoNews
🧊 FTX/Alameda Back in Action — 20,736 ETH Staked!
3 hours ago, the FTX/Alameda-linked wallet 0xF02e...0713 staked 20,736 ETH — worth around $79M.
Between Dec 17, 2024, and Jan 9, 2025, this same entity withdrew 21,650 ETH from #Bybit, worth $75.3M at the time — averaging $3,478 per ETH.
address: 0xF02e86D9E0eFd57aD034FaF52201B79917fE0713
Looks like they're locking it down. Long game? 👀
#ETH #FTX #OnChainMoves
3 hours ago, the FTX/Alameda-linked wallet 0xF02e...0713 staked 20,736 ETH — worth around $79M.
Between Dec 17, 2024, and Jan 9, 2025, this same entity withdrew 21,650 ETH from #Bybit, worth $75.3M at the time — averaging $3,478 per ETH.
address: 0xF02e86D9E0eFd57aD034FaF52201B79917fE0713
Looks like they're locking it down. Long game? 👀
#ETH #FTX #OnChainMoves
BREAKING NEWS! FTX/Alameda Makes Strategic Move with $79 Million ETH Staking!
FTX and its affiliates, Alameda Research, have recently made a significant move by sending 20,736 ETH, valued at approximately $79 million, for staking! On-chain transactions confirm the transfer from Alameda Research's multisignature wallet to various staking pools, including Figment Staking Pool Deposit.
This action is part of a strategic effort to optimize the value of remaining assets, especially following FTX's bankruptcy in 2022. By locking up ETH in staking pools, FTX/Alameda has the potential to earn additional ETH rewards, although the assets will remain illiquid until the withdrawal process is complete.
This decision highlights a growing trend of entities facing limited liquidity using staking to maximize returns. These large transactions could impact the available supply and price volatility in the Ethereum market.
Market observers will continue to monitor the long-term effects of this move on the overall crypto ecosystem.
#FTX #Ethereum #staking #CryptoNews #EthereumTurns10
FTX and its affiliates, Alameda Research, have recently made a significant move by sending 20,736 ETH, valued at approximately $79 million, for staking! On-chain transactions confirm the transfer from Alameda Research's multisignature wallet to various staking pools, including Figment Staking Pool Deposit.
This action is part of a strategic effort to optimize the value of remaining assets, especially following FTX's bankruptcy in 2022. By locking up ETH in staking pools, FTX/Alameda has the potential to earn additional ETH rewards, although the assets will remain illiquid until the withdrawal process is complete.
This decision highlights a growing trend of entities facing limited liquidity using staking to maximize returns. These large transactions could impact the available supply and price volatility in the Ethereum market.
Market observers will continue to monitor the long-term effects of this move on the overall crypto ecosystem.
#FTX #Ethereum #staking #CryptoNews #EthereumTurns10
📈 LONG Setup: $FTT /USDT 🚀🔥🔥
$FTT looking primed for an upward breakout!
Eyes on these key targets 🎯👇
🔹 TP1: $0.9584
🔹 TP2: $1.0267
🔹 TP3: $1.105
Momentum building 📊 — watch for volume confirmation!
#FTX #FTT #Altcoins #Write2Earn!
$FTT looking primed for an upward breakout!
Eyes on these key targets 🎯👇
🔹 TP1: $0.9584
🔹 TP2: $1.0267
🔹 TP3: $1.105
Momentum building 📊 — watch for volume confirmation!
#FTX #FTT #Altcoins #Write2Earn!
🔍 Smart Money is Accumulating $LUNC 📉📈
Despite its low price, $LUNC is showing strong accumulation signals—especially from whales and institutional players. This kind of silent buying pressure often precedes explosive moves. 📊💥
If the current trend holds, a major breakout may be on the horizon. Don’t sleep on it. 👀
🚀 Accumulation → Expansion
🚀 Weak hands out, strong hands in
$LUNC
#FTX #DoKwon #Altseason #LUNCBreakout
Despite its low price, $LUNC is showing strong accumulation signals—especially from whales and institutional players. This kind of silent buying pressure often precedes explosive moves. 📊💥
If the current trend holds, a major breakout may be on the horizon. Don’t sleep on it. 👀
🚀 Accumulation → Expansion
🚀 Weak hands out, strong hands in
$LUNC
#FTX #DoKwon #Altseason #LUNCBreakout
#FTX
$1.9B FTX Payout Incoming
Here’s When It Could Shake the Crypto Market!
A $1.9 billion FTX repayment might enter the crypto market, boosting prices. The estate of the defunct exchange announced the settlement of uncontested claims, opening the path for future payouts.
Market Awaits $1.9 Billion FTX Payouts
FTX said in a news statement that the Bankruptcy Court authorized a $1.9 billion reduction in the disputed claims reserve, allowing for future repayments. The defunct exchange will distribute this cash to eligible claim holders. These holders might invest their funds in crypto assets, which is positive.
Another distribution is scheduled on or around September 30 this year, according to the press statement. For accepted claims, the next dividend record date is August 15.
The Bankruptcy Estate disbursed $5 billion in May after the initial $1.2 billion FTX payments in February. BitGo, Kraken, and Payoneer will do this next distribution for FTX. The popular FTX creditor Sunil Kavuri reacted on this.
Sunil indicated on X that distribution would be paid to FTX claims above $50,000. Repayments will be provided to claims under $50,000 approved since the record date. Class 6 General Unsecured Claims will get part of the $1.9 billion payout.
May Payout Comes As Crypto Prices Rise
The May FTX refund coincided with the crypto market surge that month, when Bitcoin achieved a new all-time high (ATH) and altcoins reached new local highs.
The September FTX payback would also coincide with the Federal Reserve's first rate decrease of the year, another crypto market booster. These trends might cause a Bitcoin and altcoin parabolic surge. Standard Chartered and Bitwise estimate BTC might hit $200,000 by year's end.
$1.9B FTX Payout Incoming
Here’s When It Could Shake the Crypto Market!
A $1.9 billion FTX repayment might enter the crypto market, boosting prices. The estate of the defunct exchange announced the settlement of uncontested claims, opening the path for future payouts.
Market Awaits $1.9 Billion FTX Payouts
FTX said in a news statement that the Bankruptcy Court authorized a $1.9 billion reduction in the disputed claims reserve, allowing for future repayments. The defunct exchange will distribute this cash to eligible claim holders. These holders might invest their funds in crypto assets, which is positive.
Another distribution is scheduled on or around September 30 this year, according to the press statement. For accepted claims, the next dividend record date is August 15.
The Bankruptcy Estate disbursed $5 billion in May after the initial $1.2 billion FTX payments in February. BitGo, Kraken, and Payoneer will do this next distribution for FTX. The popular FTX creditor Sunil Kavuri reacted on this.
Sunil indicated on X that distribution would be paid to FTX claims above $50,000. Repayments will be provided to claims under $50,000 approved since the record date. Class 6 General Unsecured Claims will get part of the $1.9 billion payout.
May Payout Comes As Crypto Prices Rise
The May FTX refund coincided with the crypto market surge that month, when Bitcoin achieved a new all-time high (ATH) and altcoins reached new local highs.
The September FTX payback would also coincide with the Federal Reserve's first rate decrease of the year, another crypto market booster. These trends might cause a Bitcoin and altcoin parabolic surge. Standard Chartered and Bitwise estimate BTC might hit $200,000 by year's end.
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PENGU/USDT
Price
0.037522
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FTX prepares for third refund: An additional 1.9 billion USD to be disbursed
FTX has just announced the plan for the third refund for creditors after the Delaware court allowed the release of 1.9 billion USD from the dispute reserve fund. This money will be distributed to three groups:
Class 5: Customers who previously deposited on the exchange
Class 6: Unsecured creditors
Convenience Class: Small claims under 50,000 USD
The registration deadline is August 15, 2025. Recipients must complete KYC, tax declaration, and choose one of three payment partners: BitGo, Kraken, or Payoneer. The transfer of funds is expected to start from September 30, 2025.
For transferred reimbursement claims, #FTX requires that transaction information must be updated and there are no objections within 21 days to ensure validity. After the funds are disbursed, FTX is not responsible if users lose access to their accounts.
This is the third refund, after:
Round 1 (February 18, 2025): 1.2 billion USD
Round 2 (May 30, 2025): 5 billion USD
In addition to the rapid disbursement progress, FTX is still entangled in many legal controversies, such as the proposal to exclude users from 49 countries from the compensation list, or the legal dispute worth 1.76 billion USD with #Binance .
Notably, Netflix is producing a series about this historic collapse, promising to reveal many previously undisclosed "dark corners." #anhbacong
FTX has just announced the plan for the third refund for creditors after the Delaware court allowed the release of 1.9 billion USD from the dispute reserve fund. This money will be distributed to three groups:
Class 5: Customers who previously deposited on the exchange
Class 6: Unsecured creditors
Convenience Class: Small claims under 50,000 USD
The registration deadline is August 15, 2025. Recipients must complete KYC, tax declaration, and choose one of three payment partners: BitGo, Kraken, or Payoneer. The transfer of funds is expected to start from September 30, 2025.
For transferred reimbursement claims, #FTX requires that transaction information must be updated and there are no objections within 21 days to ensure validity. After the funds are disbursed, FTX is not responsible if users lose access to their accounts.
This is the third refund, after:
Round 1 (February 18, 2025): 1.2 billion USD
Round 2 (May 30, 2025): 5 billion USD
In addition to the rapid disbursement progress, FTX is still entangled in many legal controversies, such as the proposal to exclude users from 49 countries from the compensation list, or the legal dispute worth 1.76 billion USD with #Binance .
Notably, Netflix is producing a series about this historic collapse, promising to reveal many previously undisclosed "dark corners." #anhbacong
$1.9B FTX Payout Incoming — Here’s When It Could Boost the Crypto Market
A $1.9 billion payout from the FTX bankruptcy estate could soon flow into the crypto market, potentially driving a surge in prices. The estate announced the resolution of previously disputed claims, paving the way for upcoming distributions to creditors.
$1.9 Billion in Payouts on the Horizon
According to a recent FTX press release, the Bankruptcy Court has approved a $1.9 billion reduction in the reserve for contested claims. This move frees up funds for future payments to eligible claim holders—many of whom may reinvest their money into crypto assets, potentially fueling market momentum.
The next distribution is scheduled for on or around September 30, with August 15 set as the dividend record date for approved claims.
So far, the estate has already disbursed significant sums: $1.2 billion in February and another $5 billion in May. BitGo, Kraken, and Payoneer will manage the upcoming round of repayments. Prominent FTX creditor Sunil Kavuri confirmed on X that the distribution would apply to claims exceeding $50,000, while approved smaller claims will also be paid out as of the record date. The $1.9 billion will partially go to Class 6 General Unsecured Claims.
Timing Could Fuel a Crypto Rally
Notably, the May FTX distribution coincided with a major crypto rally, during which Bitcoin reached a new all-time high and altcoins surged. The September payout could align with the Federal Reserve’s expected first interest rate cut of the year, another potentially bullish catalyst for crypto.
If these factors converge, the crypto market could experience a sharp upward move. Analysts at Standard Chartered and Bitwise continue to forecast Bitcoin reaching $200,000 by year’s end.
#FTX #CryptoNews #BTC #FTT #CryptoMarket
A $1.9 billion payout from the FTX bankruptcy estate could soon flow into the crypto market, potentially driving a surge in prices. The estate announced the resolution of previously disputed claims, paving the way for upcoming distributions to creditors.
$1.9 Billion in Payouts on the Horizon
According to a recent FTX press release, the Bankruptcy Court has approved a $1.9 billion reduction in the reserve for contested claims. This move frees up funds for future payments to eligible claim holders—many of whom may reinvest their money into crypto assets, potentially fueling market momentum.
The next distribution is scheduled for on or around September 30, with August 15 set as the dividend record date for approved claims.
So far, the estate has already disbursed significant sums: $1.2 billion in February and another $5 billion in May. BitGo, Kraken, and Payoneer will manage the upcoming round of repayments. Prominent FTX creditor Sunil Kavuri confirmed on X that the distribution would apply to claims exceeding $50,000, while approved smaller claims will also be paid out as of the record date. The $1.9 billion will partially go to Class 6 General Unsecured Claims.
Timing Could Fuel a Crypto Rally
Notably, the May FTX distribution coincided with a major crypto rally, during which Bitcoin reached a new all-time high and altcoins surged. The September payout could align with the Federal Reserve’s expected first interest rate cut of the year, another potentially bullish catalyst for crypto.
If these factors converge, the crypto market could experience a sharp upward move. Analysts at Standard Chartered and Bitwise continue to forecast Bitcoin reaching $200,000 by year’s end.
#FTX #CryptoNews #BTC #FTT #CryptoMarket
💥 $1.9B FTX Payout Incoming — Here’s When It Could Shake the Crypto Market!
A $1.9 billion FTX repayment might enter the crypto market, boosting prices. The estate of the defunct exchange announced the settlement of uncontested claims, opening the path for future payouts.
Market Awaits $1.9 Billion FTX Payouts
FTX said in a news statement that the Bankruptcy Court authorized a $1.9 billion reduction in the disputed claims reserve, allowing for future repayments. The defunct exchange will distribute this cash to eligible claim holders. These holders might invest their funds in crypto assets, which is positive.
Another distribution is scheduled on or around September 30 this year, according to the press statement. For accepted claims, the next dividend record date is August 15.
The Bankruptcy Estate disbursed $5 billion in May after the initial $1.2 billion FTX payments in February. BitGo, Kraken, and Payoneer will do this next distribution for FTX. The popular FTX creditor Sunil Kavuri reacted on this.
Sunil indicated on X that distribution would be paid to FTX claims above $50,000. Repayments will be provided to claims under $50,000 approved since the record date. Class 6 General Unsecured Claims will get part of the $1.9 billion payout.
May Payout Comes As Crypto Prices Rise
The May FTX refund coincided with the crypto market surge that month, when Bitcoin achieved a new all-time high (ATH) and altcoins reached new local highs.
The September FTX payback would also coincide with the Federal Reserve's first rate decrease of the year, another crypto market booster. These trends might cause a Bitcoin and altcoin parabolic surge. Standard Chartered and Bitwise estimate BTC might hit $200,000 by year's end.
#FTX #FTT $FTT #BigMoveComing #WhaleManipulation #BTCPrediction
$FTT
A $1.9 billion FTX repayment might enter the crypto market, boosting prices. The estate of the defunct exchange announced the settlement of uncontested claims, opening the path for future payouts.
Market Awaits $1.9 Billion FTX Payouts
FTX said in a news statement that the Bankruptcy Court authorized a $1.9 billion reduction in the disputed claims reserve, allowing for future repayments. The defunct exchange will distribute this cash to eligible claim holders. These holders might invest their funds in crypto assets, which is positive.
Another distribution is scheduled on or around September 30 this year, according to the press statement. For accepted claims, the next dividend record date is August 15.
The Bankruptcy Estate disbursed $5 billion in May after the initial $1.2 billion FTX payments in February. BitGo, Kraken, and Payoneer will do this next distribution for FTX. The popular FTX creditor Sunil Kavuri reacted on this.
Sunil indicated on X that distribution would be paid to FTX claims above $50,000. Repayments will be provided to claims under $50,000 approved since the record date. Class 6 General Unsecured Claims will get part of the $1.9 billion payout.
May Payout Comes As Crypto Prices Rise
The May FTX refund coincided with the crypto market surge that month, when Bitcoin achieved a new all-time high (ATH) and altcoins reached new local highs.
The September FTX payback would also coincide with the Federal Reserve's first rate decrease of the year, another crypto market booster. These trends might cause a Bitcoin and altcoin parabolic surge. Standard Chartered and Bitwise estimate BTC might hit $200,000 by year's end.
#FTX #FTT $FTT #BigMoveComing #WhaleManipulation #BTCPrediction
$FTT
🚨 $1.9 BILLION FTX PAYOUT INCOMING! 💸
A wave is coming — and it's about to hit crypto HARD. 🌊🚀
🟢 FTX Bankruptcy Estate just unlocked $1.9B
📆 Next distribution: September 30
🗓️ Record date: August 15
💥 Claims over $50K get priority — but everyone's watching.
🏛️ FTX Repayment = Fresh Liquidity
💰 Where’s that money going?
Straight into Bitcoin. Altcoins. Memes.
Straight into the market.
📊 Last payout in May?
Boom — Bitcoin ATH. Altcoins pumped.
💣 September payout + Fed Rate Cut = Crypto Detonation
💡 Analysts say BTC could hit $200K by year end
🧠 Smart money knows: liquidity fuels bull runs
—
🔑 Binance Users — Stay Ready.
When $1.9B hits wallets,
The real bull market might just begin. 🚀🔥
#FTX #FTXPayout #CryptoNews #BitcoinSurge #BNBUSDT #AltcoinSeason #Binance #CryptoCatalyst #BullRun2025 #AmericaAIActionPlan
A wave is coming — and it's about to hit crypto HARD. 🌊🚀
🟢 FTX Bankruptcy Estate just unlocked $1.9B
📆 Next distribution: September 30
🗓️ Record date: August 15
💥 Claims over $50K get priority — but everyone's watching.
🏛️ FTX Repayment = Fresh Liquidity
💰 Where’s that money going?
Straight into Bitcoin. Altcoins. Memes.
Straight into the market.
📊 Last payout in May?
Boom — Bitcoin ATH. Altcoins pumped.
💣 September payout + Fed Rate Cut = Crypto Detonation
💡 Analysts say BTC could hit $200K by year end
🧠 Smart money knows: liquidity fuels bull runs
—
🔑 Binance Users — Stay Ready.
When $1.9B hits wallets,
The real bull market might just begin. 🚀🔥
#FTX #FTXPayout #CryptoNews #BitcoinSurge #BNBUSDT #AltcoinSeason #Binance #CryptoCatalyst #BullRun2025 #AmericaAIActionPlan
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