FTX Distributes $1.​6B to Creditors in Cash and Stablecoins

馃挵 FTX drops $1.6B...

By Chomp Legacy
Oct 6, 2025, 3:14 PM
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Photo by Chomp Legacy

FTX begins major creditor payouts with $1.​6 billion distributed today in cash and stablecoins.​

This marks a significant milestone in the bankruptcy recovery process following the exchange's 2022 collapse.​ The distribution represents one of the largest crypto creditor payouts to date.​

Market impact considerations:

  • Fresh liquidity entering crypto markets
  • Potential price movements as creditors receive funds
  • Recovery progress for affected users

The payout advances FTX's ongoing efforts to compensate users who lost funds during the exchange's dramatic failure three years ago.​

Sources
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