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<div class="key-points-section">
 <b>What to Know:</b>
 <ul>
  <li>FTX Recovery Trust confirms $1.6 billion payout in September 2025.</li>
  <li>Third major tranche; follows $1.2B and $5B distributions.</li>
  <li>Payments processed via BitGo, Kraken, and Payoneer.</li>
 </ul>
</div>
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  $1.6 Billion Distribution to Creditors Confirmed
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<p>FTX Recovery Trust has confirmed a $1.6 billion distribution to begin on September 30, 2025, managed under U.S. bankruptcy court oversight and processed by BitGo and Kraken.</p>
<p>The distribution impacts creditors significantly, marking another major recovery effort, with a positive market reaction evident in FTT's 22% price increase amid news of the payouts.</p>
<h3 id="creditor-payments-begin-september-30-2025">Creditor Payments Begin September 30, 2025</h3>
<p>FTX Recovery Trust has announced plans to distribute $1.6 billion to creditors starting September 30, 2025, under the supervision of the U.S. bankruptcy court.</p>
<p>The distribution marks a significant recovery phase, with cash payments made through BitGo, Kraken, and <a href="https://support.ftx.com/hc/en-us/sections/33189504164628-Distributions" rel="noopener noreferrer nofollow">Payoneer</a>. FTX tokens (FTT) surged after this announcement.</p>
<h3 id="third-major-payout-since-february-2025">Third Major Payout Since February 2025</h3>
<p>FTX Recovery Trust will distribute <strong>$1.6 billion</strong> in cash to creditors by September 2025. This action follows two prior payouts — <strong>$1.2 billion in February</strong> and <strong>$5 billion in May 2025</strong>. The <strong>distribution process</strong> involves BitGo, Kraken, and Payoneer.</p>
<p>The ongoing legal oversight by the U.S. Bankruptcy Court will manage creditor repayments. Payments rely on court-authorized channels and begin after August 15, 2025, record dates. "FTX Trading Ltd. (d/b/a FTX.com) and the FTX Recovery Trust today announced that the anticipated record date for the next distribution... will be August 15, 2025 for holders of allowed claims..." said FTX Recovery Trust. <a href="https://www.prnewswire.com/news-releases/ftx-sets-next-distribution-date-following-disputed-claims-reserve-reduction-302512444.html" rel="noopener noreferrer nofollow">FTX Recovery Trust Press Release</a></p>
<h3 id="1-6-billion-payout-lifts-ftt-by-22">$1.6 Billion Payout Lifts FTT by 22%</h3>
<p>The payment adds liquidity to creditor claims without <strong>on-chain impacts</strong>, as crypto is converted to fiat. FTT increased by <strong>22% in value</strong> due to recovery news. The <strong>cash-based approach</strong> mitigates significant crypto asset fluctuations.</p>
<p>The payout affects <strong>various stakeholders</strong>, including Dotcom and U.S. customer claims, <a href="https://cryptorank.io/news/feed/e0623-ftx-recovery-trust-announces-third-1-6b-creditor-distribution" rel="noopener noreferrer nofollow">with returns rising</a>. Payments were triggered by court permission to reduce disputed claims reserve, enabling creditor repayments.</p>
<h3 id="ftx-s-recovery-process-compared-to-mt-gox-and-celsius">FTX's Recovery Process Compared to Mt. Gox and Celsius</h3>
<p>Compared to the Mt. Gox and Celsius creditor processes, FTX's recovery is more <strong>rapid and structured</strong>. Previous slow payouts contrast with FTX's methodical cash approach.</p>
<p>Future distributions might continue enhancing creditor confidence amid increased FTT value. The focus remains on optimizing creditor asset recovery, informed by previous recovery experiences across platforms.</p>
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    <td><em><strong>Disclaimer</strong>: The information on this <a href="https://bitcoininfonews.com/" rel="noopener noreferrer nofollow">website</a> is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.</em></td>
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FTX Recovery Trust Announces $1.6 Billion Creditor Payout

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