@vivek1220
đź’¸ FTX will distribute another $2B in compensations on September 30!
The next payout phase targets approved claims over $50K and new creditors added after prior rounds. Claims registry closes on August 15.
Funds will be sent via BitGo, Kraken, and Payoneer — but users must complete KYC and tax forms. 📝
⚠️ Clients from “restricted” jurisdictions (China, Russia, Ukraine, Pakistan and others) may face delays until court decisions.
FTX plans to return a total of $14.7B–$16.5B in USD and stablecoins, calculated at 2022 bankruptcy rates. 💰
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