FTX to distribute over 5 billion USD to creditors in second planned payout on May 30

FTX will initiate its second planned payout starting on May 30, 2025, distributing over 5 billion USD to selected creditors. Payments will occur via BitGo or Kraken, with varying rates based on claim types.

Eligible creditors must complete identity verification and meet specific conditions. Customers choosing a Distribution Service Provider will relinquish their direct cash distribution rights from FTX.