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Class 5 claimants, including Alameda Research partners, trading vendors, and lenders will recover 54% to 72% of validated claims.
FTX will repay smaller, unsecured creditors approximately 61%, while it will settle intercompany claims from subsidiaries in full, with an added 20%.
In fact, the FTX Recovery Trust has already pushed over 90% of eligible claims into the distribution pipeline, and BitGo and Kraken will transfer funds within one to three business days after the 30th of May.
Remarking on the same, John J. Ray III, Plan Administrator of the FTX Recovery Trust, said,
 “These first non-convenience class distributions are an important milestone for FTX. The scope and magnitude of the FTX creditor base makes this an unprecedented distribution process, and today’s announcement reflects the outstanding success of the recovery and coordination efforts of our team of professionals. Our focus remains on recovering more for creditors and resolving outstanding claims.”
Will the crypto market turn bearish once again?
However, while previous FTX’s distribution had triggered a prolonged crypto winter, casting doubts on market stability, the current scenario tells a more nuanced story.
Despite ongoing concerns, such as Solana [SOL]‘s recent price dip from $224 to $140 driven by heavy sell-offs, reduced activity, and looming token unlocks, the broader market remains resilient.
The global crypto market cap has reached $3.44 trillion, reflecting a modest 1.1% uptick in the last 24 hours, as per CoinGecko.
Bitcoin [BTC] has surged to $103,655 with a 1.7% daily gain, while Solana traded at $171.14 despite recent turbulence.
These indicators suggest that while caution is warranted, the market isn’t necessarily entering a full bearish phase just yet.

Binance Pizza Day celebrates the iconic moment in crypto history when Bitcoin was first used for a real-world purchase — two pizzas for 10,000 BTC. At Binance, we honor this milestone by bringing the crypto community together with a slice of fun, food, and blockchain spirit!"

Binance Pizza Day celebrates the iconic moment in crypto history when Bitcoin was first used for a real-world purchase — two pizzas for 10,000 BTC. At Binance, we honor this milestone by bringing the crypto community together with a slice of fun, food, and blockchain spirit!"

#EthereumSecurityInitiative Binance Pizza Day celebrates the iconic moment in crypto history when Bitcoin was first used for a real-world purchase — two pizzas for 10,000 BTC. At Binance, we honor this milestone by bringing the crypto community together with a slice of fun, food, and blockchain spirit!"

#EthereumSecurityInitiative Binance Pizza Day celebrates the iconic moment in crypto history when Bitcoin was first used for a real-world purchase — two pizzas for 10,000 BTC. At Binance, we honor this milestone by bringing the crypto community together with a slice of fun, food, and blockchain spirit!"

#MastercardStablecoinCards Binance Pizza Day celebrates the iconic moment in crypto history when Bitcoin was first used for a real-world purchase — two pizzas for 10,000 BTC. At Binance, we honor this milestone by bringing the crypto community together with a slice of fun, food, and blockchain spirit!"

#BinancePizza Binance Pizza Day celebrates the iconic moment in crypto history when Bitcoin was first used for a real-world purchase — two pizzas for 10,000 BTC. At Binance, we honor this milestone by bringing the crypto community together with a slice of fun, food, and blockchain spirit!"

#CryptoRoundTableRemarks The crypto scene’s heating up as everyone’s watching for the next big move — yep, CPI data is about to drop.
So, what’s the deal?
Bitcoin slid under $102K recently, and boom — over $730M got wiped out in liquidations. Traders are locking in gains before the CPI hits. Classic pre-news jitters.
CPI — Why Should You Care?
Markets are expecting April inflation to land around 2.4%. If it’s lower? We could see crypto bounce back hard. If it's hotter? The dollar gets a boost, and crypto might take another hit.
Where’s Bitcoin Headed?
Some analysts think this pullback is just a reset — and BTC could aim for $105K again real soon. Meanwhile, big players are still loading

#CryptoCPIWatch The crypto scene’s heating up as everyone’s watching for the next big move — yep, CPI data is about to drop.
So, what’s the deal?
Bitcoin slid under $102K recently, and boom — over $730M got wiped out in liquidations. Traders are locking in gains before the CPI hits. Classic pre-news jitters.
CPI — Why Should You Care?
Markets are expecting April inflation to land around 2.4%. If it’s lower? We could see crypto bounce back hard. If it's hotter? The dollar gets a boost, and crypto might take another hit.
Where’s Bitcoin Headed?
Some analysts think this pullback is just a reset — and BTC could aim for $105K again real soon. Meanwhile, big players are still loading

#ETHCrossed2500 Close when reach near 2400, and if you have funds hold it, but not recommended

because expected price for ETH is $2800 then to $2300

$ETH Close when reach near 2400, and if you have funds hold it, but not recommended

because expected price for ETH is $2800 then to $2300

🌷💛🤝

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