PANews reported on May 31 that Sunil, a representative of FTX creditors, posted on the X platform that Kraken has issued a fund distribution notice to FTX creditor customers. The fund distribution time for FTX US creditors is May 30, 2025 (total debt: US$312 million), and the fund distribution time for FTX international creditors is June 2, 2025.
According to previous news, FTX has announced the launch of the second phase of the user repayment process, which is expected to distribute more than US$5 billion to creditors. They will receive the funds within 1 to 3 business days from today.