The struggle for the recovery of lost funds in one of the largest crypto scams, and its evolution is a key barometer for the maturity and credibility of the crypto ecosystem.

FTX returns more than $5 billion to creditors while the crypto ecosystem navigates tensions with the IMF.
The cryptocurrency exchange FTX, currently undergoing bankruptcy, has initiated its second round of payments, distributing more than $5 billion to creditors with approved claims. The measure represents a significant advancement in its restitution process, following an initial disbursement of $1.9 billion.
According to the company report on May 30, this new distribution is aimed at claims from the Convenience and Non-Convenience Classes that have met the prior requirements. BitGo and Kraken are in charge of the payment process, which is expected to be completed within one to three business days.