FTX to Release $1.9B to Creditors Starting Sept. 30

FTX’s next creditor payout is set for September 30, with $1.9 billion approved for distribution after court-approved reserve cuts. The record date is August 15, but the exact payout amount remains unclear.

So far, FTX has returned $6.2 billion to users in two rounds. 98% of creditors will get 119% of their 2022 claims—though some argue this undervalues their holdings.

Payouts via BitGo, Kraken, and Payoneer could inject fresh liquidity into crypto markets.