FTX to Distribute over $5B in Stablecoins to Creditors This Week 💰
Crypto analyst Miles Deutscher reports that FTX Exchange plans to distribute more than $5 billion to its creditors in stablecoins on May 30. This distribution is noted as the second largest payout since FTX's bankruptcy filing.
The upcoming payout follows an initial $7 billion distribution made in February 2025, bringing the total post-bankruptcy disbursement to creditors to over $12 billion.
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