FTX schedules fifth wave of $900 million as Dotcom creditors near cumulative 105% recovery

AI Summary The FTX Trading Ltd. company and the FTX Recovery Trust announced on Friday that about $900 million would be paid out to creditors on July 31. This is the fifth major payout made by the company since the Chapter 11 restructuring of the failed exchange commenced in early 2025. Creditors eligible for payment under the... fulltext: 320 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/ftx-schedules-fifth-wave-of-900-million/ Source: CryptoPolitan