More than 5 billion dollars will be distributed to the FTX creditors of the Extrast Crypto Exchange in the coming weeks, where the next wave of compensation is made on May 30, according to the FTX Recovery Trust statement yesterday (May 15).
The next May 30 distributions are the second phase of the FTX ESTATE ESTATE recovery plan. With this next wave, four groups of creditors are scheduled to be paid, with distributions ranging from 54 % and 102 % of their FTX’s value at the point where the stock exchange collapsed in November 2022.
Cupping creditor FTX
FTX customers:
Category 5: claims> 50 thousand dollars
5A: FTX International
5b: United StatesCategory 7: claims <= 50 thousand dollars
7A: FTX INTL
7 b: The United StatesCategory 6: Change customers
You can find your chapter in your FTX voting form pic.twitter.com/ptz10q7q7u
Sunil (FTX Creditor Champion) (Sunil_trades) May 16, 2025
“This is an unprecedented distribution process,” says FTX RECOVERY TRUST.
“The first non -assembly category distributions are an important milestone for FTX,” said John Ji Ray III, official of the Recovery Plan, Director of the Recovery Trust Plan, John Ray III in the statement. “The scope and size of the Creditor FTX base makes this an unprecedented distribution process.”
Under the recovery plan, members of Category 5 will receive a group that includes lenders and commercial partners in Alameeda and other traders and sellers – distributions between 54 % and 72 % of their claims.
Another group of FTX victims can expect small -guaranteed small claims, while claims that involve interests between companies will be paid by 120 %.
Discover: 12 best AI’s encryption currencies for investment in 2025
Bitgo and Kraken work with the recovery box and will send money directly to qualified creditors ’exchange accounts within a day to three working days from May 30.
In total, more than $ 5 billion is scheduled to be distributed on May 30. International claims for more than 50 thousand dollars are scheduled to obtain 72 % of the lost portfolio value, while claims will receive 50 thousand dollars from inside the United States 54 %.
The strange, is to receive claims for wallets of less than $ 50,000, 120 %, with no information about the reason for any creditor to receive more than the original value of a lost portfolio.
Bitcoin is currently trading about $ 103,800 and rises by 2 % the day after the next payment news for FTX at the end of the month.
((Co Ringecko))
Why is it $ 5 billion to pay the boarding up to Bitcoin: new soon?
Simply put, these plots of FTX confidence will lead to huge liquidity injection into the encryption markets. You will see the payment on May 30 to distribute a large capital for creditors.
These creditors are a mixture of retailers and professional investors, and as a result, they are likely to re -invest these funds in the market. After already suffering once with the FTX collapse and the turbulent trip to restore their money, creditors may act more than risks with the recovered funds, making Bitcoin more more logical investment.
This capital flow may lead to increased purchase pressure and pushing bitcoin price up, which leads to FOMC FOMC meetings in June, which many expect price discounts. If Powell has already reduced interest rates in June, it will give the market participants a green light to flow on assets on risk again.
Finally, the current market morale that is heading to these plots is incredibly high, especially compared to the November 2022 when the FTX was initially crashed and BTC was in Botter, trading it with $ 16,000.
We are currently in the middle of 12-16 months after half of Bitcoin, which was historically the best period for BTC price procedures. This, in addition to the upcoming FOMC meetings and $ 5 billion of fresh capital flowing to encryption, Bitcoin can start operating to $ 150,000 and over in the coming months.
Both Creditor 5B FTX and Bitcoin Vegas payments will occur at the end of the month
At all times within two weeks
Damn you
higher
– Rising
(Rookiexbt) May 15, 2025
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FTX Recovery Trust will distribute $ 5 billion to creditors on May 30
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The payment will start with accounts of less than $ 50,000
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BTC rose 2 % the next day payment news
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The injection of $ 5 billion of fresh liquidity in the market may lead BTC to its highest levels and start the bull market truly in this process
Post $ 5 Billion FTX Drop is about to fuel the new Bitcoin ATH: for this reason first appeared on 99bitcoins.
