FTX creditor representative: Kraken has issued a fund distribution notice to creditors

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On May 31, FTX creditor representative Sunil stated on social platforms that Kraken has issued a fund distribution notice to FTX creditors, with the distribution time for US FTX creditors set for May 30, 2025, with total claims of approximately $312 million, and the distribution time for international FTX creditors set for June 2, 2025.

BlockBeats reported this morning that FTX has begun the second round of distribution of over $5 billion to "convenience" and "non-convenience" creditors who have completed pre-distribution requirements, with customers expected to receive funds within 1 to 3 working days starting today.

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