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FTX to Pay Over $5B to Creditors as Bankrupt Estate Gears Up for Distribution

Payouts of up to 120% begin May 30 for thousands of creditors, just as U.S. regulators warm to crypto and the industry stages a comeback.

Updated May 16, 2025, 3:14 p.m. Published May 16, 2025, 6:20 a.m.
FTX CEO Sam Bankman-Fried