FTX to Release ~$1.6B Third Distribution to Approved Creditors on Sept. 30, 2025 — Funds Expected in 1–3 Business Days

COINOTAG reported on September 20 that FTX has scheduled an approximately $1.6 billion third distribution for September 30, 2025, targeting approved creditors who have completed the required pre-allocation steps. The disbursement will cover both the convenience and non-convenience tranches, with settlement routed through creditors’ chosen allocation service providers.

According to the notice, eligible creditors should expect remittance within 1 to 3 business days from the distribution date, subject to standard operational and settlement timelines of the selected providers. The communication underscores that completion of pre-allocation requirements is a prerequisite for participation in this scheduled third distribution.