FTX’s third payout is a $1.6B distribution scheduled for September 30, 2025, paying both Convenience and Non-Convenience Classes; eligible creditors who complete KYC, tax forms and onboarding will receive funds via approved processors within 1–3 business days.
FTX third payout of $1.6B begins Sept. 30, 2025 for eligible creditors
Payments processed through BitGo, Kraken, or Payoneer and arrive within 1–3 business days.
Class payouts: U.S. customers reach 95% cumulative recovery; Convenience Claims at 120% cumulative distribution.
FTX third payout: $1.6B distribution to creditors on Sept. 30, 2025. Complete KYC and onboarding to receive payments. Claim details inside.
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What is the FTX third payout and who receives it?
FTX third payout is a court-approved distribution of approximately $1.6 billion scheduled for September 30, 2025, issued by the FTX Recovery Trust. Eligible creditors across Convenience and Non-Convenience Classes who have completed onboarding and KYC will receive funds via approved processors within 1–3 business days.
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Distributions follow the bankruptcy plan’s waterfall priority and are calculated using asset valuations as of the November 2022 filing date. This installment increases cumulative recoveries for multiple classes and reflects prior clawback recoveries and asset sales.
Creditors must log into the FTX Customer Portal, finish KYC verification, submit tax forms, choose an approved service provider (BitGo, Kraken, or Payoneer), and confirm claim transfer records. Payments will only go to registered claim holders with no outstanding objections after the 21-day notice period.
Approved processors will transmit funds to eligible creditors. FTX stated payments are processed on Sept. 30, 2025, and typically arrive within 1–3 business days depending on the selected provider and jurisdictional processing times.
No. Distributions are calculated using asset valuations as of the November 2022 bankruptcy filing; the court upheld that valuation despite subsequent market changes.
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