BlockBeats News, September 27th, FTX creditor representative Sunil posted a statement stating that BitGo has begun emailing creditors who have selected them as their allocator to confirm that funds have been deposited into the FTX creditor account. The funds will unlock at 8:00 PM EST on September 30, 2025.
Previously reported, FTX announced that on September 30, 2025, it will make approximately a $1.6 billion third distribution payment to approved creditors of both the convenience and non-convenience tranches who have completed the pre-allocation request. Eligible creditors are expected to receive funds within 1 to 3 business days starting from September 30, 2025, through their chosen allocation service provider.
