💎 FTX Liquidity Boost: $1.6B Creditor Repayments Incoming! 💎
The FTX Recovery Trust is set to release $1.6 billion to creditors by Sept 30 — the third payout since the 2022 collapse. Funds will reach confirmed claims via BitGo, Kraken, or Payoneer within 3 business days.
🔹 US consumer claims: up to 95% recovery + extra 40%
🔹 International dotcom clients: 78% total recovery (+6%)
🔹 General unsecured & digital asset loan claims: 85%+ recovery (+24%)
🔹 Convenience claims: fully resolved, up to
120% of original claims
💰 Total planned refunds: $16.5B in assets, including this round.
📈 Market context: Current crypto market cap is $3.98T.
While smaller claims get a boost, major creditors stress valuations should reflect current asset prices, not 2022 levels. The FTX Trust aims to speed up repayments and avoid prolonged litigation, but international claims remain complex.
This $1.6B payout marks a major milestone in closing one of crypto’s largest bankruptcies — more rounds still to come.
