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  • Qadir AK
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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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FTX to Start Next Creditor Payout on September 30

FTX will begin distributing the next batch of creditor claims on September 30 after a bankruptcy court approved reducing the claims reserve by $1.9 billion. Eligible claim holders must be on record by August 15. To date, FTX has distributed around $6.2 billion to former customers. The upcoming payouts will be handled through BitGo, Kraken, and Payoneer. The court also ordered FTX to revise its proposal for handling claims in restricted jurisdictions.

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