FTX's Recovery Trust is set to distribute $1.6 billion in its third creditor payout on September 30, 2025. Creditors will receive between 78% and 120% of their original holdings, with payments facilitated through Bitgo, Kraken, and Payoneer. This distribution has sparked discussions among traders about its potential impact on the crypto market, with concerns about whether it will drive momentum or lead to sell pressure. Previous payouts have caused short-term volatility, particularly affecting altcoins, underscoring the ongoing challenges in the recovery process following FTX's collapse in 2022.
FTX to Distribute $1.6 Billion in Third Creditor Payout on Sept. 30
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