#FTXRefunds

Sunlight After the Storm: FTX Begins $11.4B in Customer Refunds

After nearly three years of uncertainty, chaos, and courtroom drama, the FTX saga has entered a redemptive chapter — customers are finally getting their money back.

As of May 30, 2025, the collapsed crypto exchange has begun distributing refunds, with a staggering $11.4 billion secured for repayments. Creditors who verified their claims and completed KYC can expect funds to arrive within 1 to 3 business days via their chosen service providers.

The refund pool didn’t come from magic. FTX’s recovery team scraped together billions by liquidating assets, selling subsidiaries like LedgerX and FTX Japan, and cutting deals through legal settlements. A once-maligned bankruptcy is now turning into a case study in unlikely redemption.

While some claims remain disputed and under review, the vast majority of verified users can finally breathe a sigh of relief. It's not quite justice, but it’s progress.

For the crypto world, it’s a reminder: in this wild space, even after the darkest nights — sunlight can still break through.