#FTXRefunds The FTX Recovery Trust has initiated a second round of payments to its creditors. On May 30, the trust began a disbursement of $5 billion for eligible creditors in the Convenience and Non-Convenience Classes who have completed the prerequisite distribution requirements.

According to an announcement on May 28, the distribution to creditors will include claims for Dotcom Customer Rights, which will receive a 72% distribution; claims for U.S. Customer Rights, which will receive a 54% distribution; and Convenience Claims, which will receive a 120% distribution.

Additionally, Unsecured General Claims and Claims for Digital Asset Loans will each receive a 61% distribution according to the repayment plan. Beneficiaries should receive their payments within one or two business days through the official distribution partners, Kraken and Bitgo. $XRP