Reports have disclosed that the FTX Recovery Trust is preparing to release another $1.6 billion to its creditors by September 30. The payout marks the third distribution since the exchange collapsed in late 2022, and payments are expected to reach verified claimants within three business days once they are processed through BitGo, Kraken, or Payoneer.

FTX: Breakdown Of Payout Classes

The upcoming release will be divided among several groups. US customer claims will get an additional 40% this round, pushing their total recovery to about 95%.

International customers under the dotcom entity will receive another 6%, bringing them closer to 78% overall. General unsecured creditors, along with those holding digital asset loan claims, will see 24% more, which raises their cumulative recovery

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