FTX Initiates Fifth Creditor Distribution Round Worth $900M

FTX bankruptcy estate begins fifth payout of $900M to eligible creditors, bringing total distributed assets to nearly $10 billion.

Woofun AI reports that the FTX bankruptcy asset management team has commenced the fifth round of creditor fund distributions. This latest tranche is expected to allocate approximately $900 million to eligible claimants. To date, the estate has disbursed nearly $10 billion in total to creditors.