FTX’s $1.6B Payout Drops September 30: Third Wave Hits Crypto Markets

Another massive capital injection hits the ecosystem—FTX's third distribution round promises to shake liquidity pools across exchanges.

The $1.6B Move

That's not pocket change—even by crypto standards. The sheer scale signals continued commitment to repaying affected parties, though skeptics might call it financial theater dressed in blockchain clothing.

Market Impact

Expect volatility. Sudden liquidity injections historically trigger both buying frenzies and opportunistic selling. Traders are already positioning—altcoins might see the biggest swings.

Timing & Execution

September 30 isn't just a date—it's a line in the sand. FTX's team must navigate operational execution while the whole market watches. One glitch could spark another round of Twitter meltdowns.

Because nothing says 'financial revolution' like a centralized entity controlling billion-dollar disbursements while everyone pretends this is normal.

FTX, a defunct cryptocurrency exchange that went under with customers’ funds, has announced the third planned distribution. According to the announcement, FTX will conduct the third distribution of funds on September 30, 2025, which will entail about $1.6 billion.

As such, FTX notified its victims that the funds WOULD reflect in their selected accounts within 1-3 business days from September 30. Notably, FTX will work closely with Bitgo, Kraken, or Payoneer, to facilitate the payments within 1 to 3 business days from September 30.

FTX Victims Get Another Relief

The FTX victims claiming less than $50k will receive 120% of their funds after the upcoming 3rd distribution. The allowed Class 5B U.S. customers will receive up to 40% of the forthcoming distribution, thus increasing their cumulative distribution to 95%. 

Meanwhile, FTX victims claiming more than $50k were allocated 6% of the upcoming distribution, thus increasing their cumulative distributions to 78%. According to FTX creditor activist Sunil, the FTX victims can expect the Claims portal to update on 22 September 2025.

As such, FTX victims have been urged to complete the required Know Your Customer (KYC) feature. Additionally, the FTX victims are expected to file required tax forms to be eligible for the 3rd distribution.

“For transferred claims, distributions will only be made to the transferee holder of an allowed claim that is processed and reflected on the official register of claims maintained by the Notice and Claims Agent as of future record dates, where the 21-day notice period has lapsed without objection,” the announcement reads.

Ahead of the planned 3rd FTX distribution, the creditors have been urged to remain vigilant of potential scams. Furthermore, the FTX creditors may receive phishing emails, which may only cause more damage to the financially drained individuals.