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Home»Altcoins»FTX Recovery Trust to distribute additional $ 1.6 billion to creditors
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FTX Recovery Trust to distribute additional $ 1.6 billion to creditors

September 21, 2025No Comments
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The FTX Recovery Trust is preparing a third cycle of distribution for creditors, totaling $ 1.6 billion because it continues efforts to return funds related to the exchange of collapsed cryptography.

The main dishes to remember:

  • The FTX Recovery Trust will distribute $ 1.6 billion to creditors on September 30, which brings total payments to $ 7.8 billion.
  • Complaints from American customers will receive 40%, while complaints of convenience is set for a reimbursement of 120% in this last round.
  • With more than $ 16 billion in recoverable assets, the way remaining funds are managed could have an impact on the feeling of the cryptography market and future investor protections.

The last tranche is scheduled for September 30, payments that should reach the beneficiaries within three working days.

FTX Recovery Trust Details the distribution of distribution payment of $ 1.6 billion

The tour includes various percentages depending on the type of complaint. Complaints from the rights of US customers will receive 40%, general complaints of non -guaranteed and digital asset loan will obtain 24%and complaints from DOTCOM customers are set for a reimbursement of 6%.

Convenience complaints, on the other hand, will receive a payment of 120% in this cycle.

The trust has already paid $ 6.2 billion over two previous laps, $ 1.2 billion in February and $ 5 billion in May, has total recovery at almost half of the $ 16.5 billion intended for the victims of the stock market collapse.

The fall of FTX in November 2022 marked one of the most dramatic failures in the history of cryptography, triggering a chain reaction which intensified the slowdown of the current market.

The former CEO of the Stock Exchange, Sam Bankman Fried, was sentenced for seven counts, including fraud and money laundering. In March 2024, he was sentenced to 25 years in prison.

RUP:

FTX to distribute $ 1.6 billion to creditors on September 30.

More liquidity to come 🚀 pic.twitter.com/ofnkleoby3

– ash crypto (@ashcryptoral) September 19, 2025

While the criminal affair has closed a chapter, legal battles continue. Bankman Fried’s legal team is expected to call on his conviction in November, arguing procedural faults and claiming that the FTX has never been insolvent.

Creditors and market players remain vigilant of the trust activities, as large, recovered funds may affect the feeling and short -term liquidity and liquidity.

With more than $ 16 billion on the table, the way the rest is returned could shape both the reputation of key players and the future of cryptographic investors’ protections.

3ac Target FTX performs more than $ 1.5 billion in liquidation in new compartments

The liquidators of the collapsed hedge fund Three Arrows Capital (3AC) assigned the former CEO of the FTX, Sam Bankman Fried, the former CEO of Alameda, Caroline Ellison, and the executive of the FTX Ryne Salame.

This decision follows allegations that more than $ 1.5 billion in 3AC assets were illegally liquidated by FTX entities.

Bankman Fried’s depot is scheduled for October 14, 2025 in the ISLAND terminal prison, where it is currently serving the time.

The 3ac co-founder, Zhu Su, says that unauthorized liquidations have executed banks that brought the fall of 3ac.

He also accuses Salamis of using initiate knowledge for transactions at the forefront and pocket more than a billion dollars in profits before the collapse of the FTX.

Ellison should be questioned about Alameda’s trading strategies which may have played a role in alleged misconduct.

As indicated, FTX and Alameda also withdrew around 192,000 Solana (soil) tokens, worth around $ 44.9 million, jalititude.

This decision follows a coherent scheme observed in the past year, the succession reaches Solana assets on a basis almost month.

Since November 2023, the FTX and Alameda have been impregnated and transferred nearly 9 million soil, worth $ 1.2 billion, with an average of $ 134 per token.

The post FTX Recovery Trust to distribute an additional $ 1.6 billion to the creditors appeared first on Cryptonews.





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