FTX Recovery Trust to Distribute More than $5 Billion to Creditors in Second Distribution on May 30, 2025
FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively “FTX”) today announced that, consistent with FTX's Chapter 11 Plan of Reorganization (the “Plan”), FTX will commence distributions to holders of allowed claims in the Plan's Convenience and Non-Convenience Classes that have completed the pre-distribution requirements on May 30, 2025 (the “Second Distribution”). Eligible […]