FTX to Start Next Creditor Payout on September 30

The post FTX to Start Next Creditor Payout on September 30 appeared first on Coinpedia Fintech News

FTX will begin distributing the next batch of creditor claims on September 30 after a bankruptcy court approved reducing the claims reserve by $1.9 billion. Eligible claim holders must be on record by August 15. To date, FTX has distributed around $6.2 billion to former customers. The upcoming payouts will be handled through BitGo, Kraken, and Payoneer. The court also ordered FTX to revise its proposal for handling claims in restricted jurisdictions.