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FTX Prepares $5B Second Wave of Payouts—Because $7B Wasn’t Enough Drama

FTX Prepares $5B Second Wave of Payouts—Because $7B Wasn’t Enough Drama

Published:
2025-05-16 09:24:57
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FTX Set for $5 Billion Second-Phase Distribution Following $7 Billion Payout

Bankruptcy court? More like an ATM for crypto’s most infamous flameout.

FTX’s creditors are about to get another bite at the carcass—$5 billion fresh on the heels of last year’s $7 billion distribution. Because nothing says ’financial responsibility’ like a two-part liquidation spectacle.

Who needs functioning exchanges when you’ve got a nine-figure restitution circus?

|Square

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