The FTX bankruptcy estate has formally announced its Third Distribution, which will distribute roughly $1.6 billion to holders of allowed claims, which is a major step forward for creditors who are still waiting to be paid. This enormous payout, which is planned for September 30, 2025, marking a critical milestone in the ongoing effort to return funds to users affected by the exchange’s collapse. This major step give the liquidity boost for project make a space in crypto market.
Details of the Third Distribution
- Total Amount: Approximately $1.6 Billion
- Distribution Date: September 30, 2025
- Eligible Recipients: Holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes.
- Mandatory Requirement: Creditors must have completed all pre-distribution requirements to receive their payment on this date.
Eligible creditors should expect to receive funds from their chosen distribution service provider between October 1 and October 3, 2025.
