Kraken has started notifying FTX users about the next round of payout distributions scheduled for May 30, 2025. This distribution will cover claims above and below $50,000, which is a significant step in the repayment process for creditors affected by the FTX collapse. Previous distributions mainly focused on smaller claims, causing delays for larger claimants. The confirmation of a distribution date offers hope to creditors, even though details about the payout percentages and total amount distributed are still unknown. The FTX bankruptcy proceedings are ongoing, with updates expected in the future on recovered funds and potential future distributions.



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