The post FTX Bankruptcy Case Advances as Bitcoin Creditors Anticipate Possible September 2025 Payout appeared on BitcoinEthereumNews.com.

FTX advances its bankruptcy proceedings with a significant creditor repayment scheduled for late September 2025, marking a critical milestone in the exchange’s restructuring efforts. The U.S. Bankruptcy Court has authorized the release of $1.9 billion in cash, enabling the next distribution phase to approved creditors, despite ongoing legal disputes over valuation and payout exclusions. According to COINOTAG, creditors remain divided over the valuation methodology, with many contesting the use of November 2022 crypto prices rather than current market values. FTX prepares to distribute $1.9B to creditors by September 2025 amid legal challenges over valuation and payout exclusions, advancing its bankruptcy resolution process. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); FTX Bankruptcy Progress: $1.9 Billion Distribution Set for September 2025 The FTX bankruptcy case continues to make tangible progress as the exchange gears up for its next major creditor repayment scheduled for September 30, 2025. This distribution will target holders of approved Class 5 (Customer Entitlement Claims), Class 6 (General Unsecured Claims), and certain Convenience Claims, with the record date for eligibility set on August 15, 2025. The U.S. Bankruptcy Court in Delaware recently approved the release of $1.9 billion in cash, a significant portion of the funds freed following a reduction in FTX’s disputed claims reserve from $6.5 billion to $4.3 billion. This liquidity injection reflects a key step in the broader reorganization plan confirmed in October 2024,…

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Filed under: News - @ July 24, 2025 7:31 am