🚨 FTX Liquidity Boost Incoming! 💎💰
The FTX Recovery Trust is set to deliver $1.6B in repayments to creditors by Sept 30 ✅. This marks the third reimbursement since the 2022 collapse.
💳 Payouts will be distributed via BitGo, Kraken, or Payoneer within 3 business days.
🔹 Breakdown of Recoveries:
✨ US Consumer Claims → Up to 95% + extra 40%
🌍 Int’l Dotcom Clients → +6% (near 78% total)
📊 General Creditors & Loan Claimants → +24% (over 85% total)
⚡ Convenience Claims → Paid in full at 120% of original
📉 Many creditors still argue about valuation being pegged to Nov 2022 prices (when BTC & ETH were way lower than 2025 levels).
But for now → this $1.6B payout is another big step toward resolving one of the largest crypto bankruptcies ever. 🚀
👉 Total refunds planned: $16.5B+ across multiple rounds.
