🚨🚨The FTX Recovery Fund will distribute $5 billion in the second installment — A return of hope for creditors
In a long-awaited development, the FTX Recovery Fund has officially announced the distribution of over $5 billion to creditors on May 30, 2025, as part of the second phase of repayment. This marks an important milestone in one of the most notable bankruptcy proceedings in the history of digital currencies, following the dramatic collapse of FTX in late 2022.
The first installment earlier this year restored partial confidence among the victims, but the second installment is viewed as a critical turning point. According to the fund, this round of payments has been made possible through asset liquidation, successful legal recoveries, and the rising value of previously held digital assets during the recent market upturn.
This distribution will reach thousands of individual and institutional creditors, many of whom have been waiting for financial relief for over two years. While the exact percentages of recovery vary based on individual claims, the cumulative recovery amount is now approaching $9 billion - a figure that seemed impossible just one year ago.
However, some experts warn that despite this positive news, many creditors are still far from full compensation.
