🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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Event ends: August 9, 16:00 UTC
More details: https://www
The next round of FTX compensation distribution is expected to begin around September 30.
On July 24, according to PR Newswire, FTX announced that for holders of the 5 types of customer equity claims and 6 types of general unsecured claims (as defined in the plan) that have been approved, as well as convenience claims that have been approved but not yet allocated since the previous record date, the next distribution registration date is expected to be August 15, 2025, with the next distribution anticipated to begin around September 30, 2025. The next distribution will be conducted by FTX's distribution service providers BitGo, CEX, and Payoneer. FTX also announced that it has been authorized by the bankruptcy court to reduce the controversial claims reserve by $1.9 billion, from $6.5 billion to $4.3 billion, and the released cash will be allocated to holders of approved claims in the next distribution.