FTX is set to distribute approximately $1.9 billion to its creditors by September 30, according to creditor representative Sunil. The funds will come from disputed claims reserves. Additionally, FTX will allocate an extra $1.6 billion for distribution among different categories of creditors. Kraken has already notified users via email that relevant accounts will be credited around September 30.
FTX to Distribute $3.5 Billion to Creditors by September 30
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