FTX News: Next Distribution Set on 30th Sep After Today’s Record Date
0
0
- Hundreds of FTX victims to receive $4.3 billion on September 30 after Bankruptcy Court approved disputed claims.
- FTX users must have an allowed claim status to receive funds in two weeks.
- The Bankruptcy Court reduced the approved claims reserve by $1.9 billion.
Ahead of the September 30, 2025, next distribution for FTX funds, the set date for the record date by FTX Recovery Trust is today, August 15. Popular FTX creditor advocate Sunil urged the creditors to look into and confirm the status of their claims. The distribution applies to holders of Class 5 Customer Entitlement Claims, Class 6 General Unsecured Claims, and outstanding Convenience Claims.
The FTX victims must pass today’s record date to receive resolved disputed claims. Notably, the Bankruptcy Court authorized the FTX Recovery Trust to slash the disputed claims by nearly $2 billion to about $4.3 billion.
The post FTX News: Next Distribution Set on 30th Sep After Today’s Record Date appeared first on Coin Edition.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
0
0
0
0
