FTX to Release $1.6 Billion in Third Creditor Distribution

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FTX is set to make another round of creditor payouts. Yesterday, the exchange confirmed it will distribute around $1.6 billion to eligible claim holders on September 30, 2025. This marks the third major distribution since the company’s bankruptcy process began. Third Distribution Confirmed According to FTX, the funds will go out to creditors in both the Convenience and Non-Convenience Classes, as long as they’ve completed pre-distribution requirements. The company expects that payments will arrive within 1 to 3 business days after the September 30 release date, depending on the distribution partner chosen. FTX has partnered with BitGo, Kraken, and Payoneer

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