Bankrupt Crypto Exchange FTX To Shell Out $5,400,000,000 to Creditors at the End of the Month

The bankrupt crypto exchange FTX plans to shell out $5. 4 billion in a wave of payments to creditors at the end of the month. Eligible creditors will receive funds via BitGo or Kraken within 1-3 business days from May 30th, per a new press release from the exchange. FTX will make payouts from its $11 source: https://dailyhodl.com/2025/05/16/bankrupt-crypto-exchange-ftx-to-shell-out-5400000000-to-creditors-at-the-end-of-the-month/