FTX Trading Ltd. and FTX Recovery Trust have made a statement regarding the next payout for customers and creditors scheduled for September 30, 2025.
Announcement from FTX
In a July update, FTX reports that eligible customers and creditors can expect their next payout to begin around September 30, 2025. This announcement highlights some positive shifts in one of the most high-profile bankruptcy cases in the crypto industry.
Conditions for Payout Eligibility
To be eligible for the payout, the key record date will be August 15, 2025. All interested parties should keep this date in mind when planning their actions.
Context of FTX Bankruptcy
Recent news regarding payouts shows progress in the FTX bankruptcy case, in which billions of dollars are in reserve accounts awaiting distribution among affected customers and creditors.
FTX's announcement of the next payout brings hope for a resolution of financial issues for customers affected by the company's bankruptcy.