FTX Plans $1.6 Billion Creditor Payout on September 30, 2025; Could Affect Ethereum Liquidity

• FTX schedules $1.6 billion creditor payout on September 30, 2025

• Payout is part of the ongoing bankruptcy recovery, using service providers BitGo, Kraken, and Payoneer for settlement.

• FTX cumulative distributions now exceed $8.8 billion; market liquidity and token flows may be affected after the payout.

FTX $1.6 billion distribution to creditors on Sept 30, 2025 — who qualifies, payout timing, processing partners, and market effects. Read the full recovery update.

What is the FTX $1.6 billion distribution?

FTX $1.6 billion distribution is a scheduled payout from the FTX Recovery Trust to approved creditors on September 30, 2025. The distribution is part of the bankruptcy resolution process, following prior payouts in February 2024 and May 2025, and is intended to return customer assets and reduce outstanding claims.

How will creditors receive the payout?

Creditors who have completed onboarding and pre-allocation requirements will be paid via designated processors: BitGo, Kraken, and Payoneer. The FTX Recovery Trust stated that eligible creditors should receive funds within three business days of the payout date, subject to tranche rules for convenience and non-convenience claims.

Why does this payout matter for the market?

The $1.6 billion distribution may affect cryptocurrency liquidity as recovered assets re-enter circulation. Market observers note parallels with past large-scale liquidations and distributions (for example, the Mt.Gox process) and anticipate short-term volatility and shifts in exchange liquidity and stablecoin flows.

Frequently Asked Questions

Who qualifies for the FTX distribution on September 30, 2025?

Approved creditors who completed required onboarding and meet pre-allocation criteria qualify. The Recovery Trust processes claims according to established convenience and non-convenience tranche rules and verifies identities through the designated service providers.

How long will processing take after the payout date?

Per the Recovery Trust statement, creditors who completed onboarding should expect funds within three business days; actual timing can vary by provider and jurisdiction.

Has FTX made prior distributions?

Yes. The Recovery Trust made distributions in February 2024 and May 2025. Cumulative distributions now exceed $8.8 billion, demonstrating ongoing asset recoveries since the 2022 collapse.

How do creditors claim and track payments?

Claimants must complete onboarding with the designated service providers and verify pre-allocation details. After verification, claims are slotted into convenience or non-convenience tranches, which determine processing flows and timelines.

1. Complete onboarding with a designated processor (BitGo, Kraken, Payoneer).
2. Confirm pre-allocation and identity verification requirements.
3. Monitor Recovery Trust communications and expected settlement windows.
4. Verify receipt of funds within the stated processing period (typically up to three business days).

Key Takeaways

• Scheduled payout: FTX Recovery Trust will distribute $1.6 billion on September 30, 2025.
• Processing partners: Disbursements rely on BitGo, Kraken, and Payoneer for settlement.
• Market impact: The distribution could alter crypto liquidity and exchange flows; stakeholders should monitor trading volumes and token movements.

Conclusion

The FTX $1.6 billion distribution on September 30, 2025 is a material step in the bankruptcy recovery process, returning assets to approved creditors and further reducing outstanding claims. Market participants should prepare for potential liquidity effects while creditors ensure onboarding is complete to receive timely payments. Follow COINOTAG for updates and official Recovery Trust statements.