FTX’s next $1.9 billion distribution may include repayments to jurisdictions questioned in an earlier motion that is being rewritten, creditors say.
The FTX bankruptcy estate has scheduled the next distribution to creditors, using funds no longer classified as disputed claims.
The FTX Recovery Trust and debtor FTX Trading on Wednesday announced that the next distribution is expected to start on Sept. 30. They will determine eligible claim holders based on a record date of Aug. 15.
The upcoming distribution will mark the third round of repayments to FTX creditors, following a $1.2 billion distribution in February and a $5 billion distribution announced in May.
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