FTX Prepares to Launch $1.9 Billion Creditor Payout!

Jakarta, Pintu News – At the end of September 2025, FTX will begin the next important stage in their bankruptcy repayment process.

With the total funds to be distributed reaching $1.9 billion, this payment is scheduled for September 30, with an official record date of August 15.

This distribution will include Class 5 Customer Entitlement Claims, Class 6 General Unsafe Claims, and newly approved Convenience Claims.

Check out the full information in this article!

Next Payout Announcement by FTX

FTX has secured court approval to reduce its contested claims reserve by $1.9 billion, allowing more capital to be distributed directly.

As with previous payments, FTX confirmed that BitGo, Kraken, and Payoneer will facilitate the payments. Creditors will need to complete the KYC process, submit tax forms, and join one of the approved providers to receive their funds.

This is the third major distribution made in 2025. There remains approximately $470 million in contested claims that are currently frozen, including funds associated with accounts in 49 countries. These claims will be addressed in future rounds, pending court decisions.

Read also: New Wallet Absorbs $285 Million Ethereum (ETH) in a Day, What Does It Mean?

Recap of FTX Payments in 2025

FTX started the payment process earlier this year with the aim of returning more than $14.5 billion to creditors. On February 18, FTX issued the first payment to holders of Comfort Class claims (claims under $50,000).

These creditors received 100% of their original claims plus approximately 9% interest, calculated from the date of the bankruptcy filing. On May 30, the exchange launched the second round, distributing more than $5 billion across various classes of claims.

The September 30 distribution will deliver funds to creditors who have resolved disputes and overcome legal or procedural obstacles.

Read also: Hyperliquid (HYPE) Sets New Record, Proof of Increased Investor Confidence!

Payment Process and Requirements

FTX emphasizes that only approved and registered claims will be eligible to receive payments. Claims that have been transferred must meet strict criteria and be registered in the official register before the August 15 deadline. This process is designed to ensure that all payments are made fairly and in accordance with applicable regulations.

Creditors who wish to receive their payments must ensure that they have met all the necessary requirements. This includes completing identity verification (KYC), submitting relevant tax forms, and registering with one of the approved payment providers.

Conclusion

With this upcoming distribution, FTX continues to demonstrate its commitment to resolving obligations to creditors in this complex bankruptcy proceeding.

The steps taken by FTX have not only helped in restoring confidence in the crypto market but also set a precedent on how companies can navigate financial challenges with transparency and responsibility.

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Reference

• BeInCrypto. FTX to Make Third Repayment in September 2025. Accessed on July 24, 2025
• Featured Image: Bitcoin Sistemi