🚹 #FTXRefunds Update | Historic $5B Payout Begins 💾

The FTX Recovery Trust has officially kicked off a massive $5 billion distribution to creditors — one of the biggest refund events in crypto history.

📅 Start Date: May 30, 2025

🎯 Who's Eligible?

✔ Convenience & Non-Convenience Classes

✔ Must have completed KYC + tax compliance

💰 Phase Breakdown:

đŸ”č Phase 1: $1.2B paid in Feb 2025 to smaller claims (< $50K)

đŸ”č Phase 2 (Now): $5B for verified larger claimants

⚙ Refunds are being processed via BitGo, Kraken, and other platforms.

This move marks a turning point in the FTX 2022 collapse recovery — finally delivering justice to thousands of affected users.

📌 A big win for crypto accountability.

📈 Keep an eye on sentiment shifts as $WCT and related assets react.

#FTXRefunds #BinanceAlphaAlert #TrumpTariffs