FTX prepares third round of distributions as court frees up 1.9 billion USD in claim reserves

FTX’s third distribution round will commence on September 30, 2025, with 1.9 billion USD allocated for verified creditors from reduced claims reserves.

A court ruling slashed the disputed claims reserve from 6.5 billion USD to 4.3 billion USD, allowing for this significant payout in the forthcoming distribution.

Creditors must complete KYC verification and tax submissions by August 15, 2025, to qualify for distributions, which will be processed by BitGo, Kraken, and Payoneer.