FTX: The next round of repayment distribution is expected to begin on May 30, 2025
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Odaily reported that FTX has announced the commencement of the first distribution of funds to approved claimants in the Convenience Classes of the FTX Chapter 11 restructuring plan. Customers are expected to receive the funds within 1 to 3 business days. The anticipated registration date for the next distribution is April 11, 2025, which will apply to holders of approved and , as defined in the Plan. For that were approved after the initial registration date but have not yet received a distribution, the registration date for the next distribution is also set for April 11, 2025. The next distribution is expected to commence on May 30, 2025.
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