FTX to Release $1.9 Billion in Disputed Debt Reserves on September 30

FTX has announced that its forthcoming compensation distribution is scheduled for September 30, aiming to release approximately $1.9 billion from its disputed debt reserves. This strategic move is part of the ongoing efforts to resolve outstanding creditor claims following the platform’s financial restructuring. The release of these funds is expected to provide significant relief to affected stakeholders while reinforcing transparency in the asset recovery process. Market participants and investors are closely monitoring this development, as it underscores the broader implications for creditor settlements within the cryptocurrency sector. This compensation round highlights FTX’s commitment to systematically addressing liabilities and restoring confidence among its user base and the wider crypto community.