FTX Recovery Trust has announced a fifth distribution of approximately $900 million to creditors, continuing efforts to return funds after the 2022 bankruptcy filing.
Since the collapse of FTX in November 2022, the entity has disbursed close to $10 billion to users and creditors who lost access to their assets when the exchange froze withdrawals. According to officials, these payments form part of an ongoing liquidation process aimed at maximizing returns.
