FTX Repayment Sets $900 Million Creditor Payout for July 31

TLDR: The FTX repayment will distribute approximately $900 million on July 31 to eligible creditors meeting all verification requirements. Dotcom and United States customer claims will reach cumulative recoveries of 105% under the fifth bankruptcy distribution. General unsecured and digital asset loan claims will reach 103%, while Convenience Claims will receive cumulative recoveries of 120%. [...]

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