#FTXRefunds refunds are progressing in 2025, with a significant milestone achieved through its reorganization plan. Here's what's happening ¹ ² ³:

- *Second Payout*: FTX Recovery Trust began distributing $5 billion to eligible creditors on May 30, 2025, marking the second major disbursement since FTX's collapse.

- *Payout Percentages*: Creditors can expect to receive up to 72% payouts, with specific percentages varying by claim type, such as ³:

- *Dotcom Customer Entitlement Claims*: 72% distribution

- *US Customer Entitlement Claims*: 54% payout

- *Convenience Claims*: 120% reimbursement

- *General Unsecured Claims and Digital Asset Loan Claims*: 61% distribution

- *Distribution Partners*: Payments are being processed through Kraken and BitGo, with recipients expected to receive funds within one to two business days.

- *Potential Market Impact*: These payouts could introduce short-term price volatility in the crypto market, as large liquidity injections from recovered funds enter circulation.

- *Controversy*: Some creditors have raised concerns about the calculation of claim values based on prices at the time of bankruptcy filing, rather than current market values, resulting in some creditors recovering only 10% to 25% of their crypto holdings' actual value.

FTX's refund process aims to return almost all lost funds to customers, with a structured repayment plan and rigorous procedures for eligible creditors, including identity verification through the Know Your Customer (KYC) process and submission of required tax forms ⁴ ².