BitGo has begun sending emails to FTX creditors confirming the deposit of funds.
Sunil, the representative of FTX creditors, stated that BitGo has started sending emails to creditors who have chosen them as the distribution agent, confirming that the funds have been deposited into the FTX creditors' accounts and the funds will be unlocked at 8 pm Eastern Standard Time on September 30, 2025.
In previous news, FTX announced that on September 30, 2025, approved creditors of convenience and non-convenience plans who have completed the pre-allocation requirements will receive approximately $1.6 billion in the third round of payments. Eligible creditors are expected to receive funds within 1 to 3 business days starting from September 30, 2025, through their chosen distribution service provider.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aster Introduces Shield Mode: A Protected High-Performance Transaction Mode for On-Chain Traders
Shield Mode is not just a standalone feature upgrade, but rather a part of Aster's larger vision.
Assessing How COAI's Abrupt Price Decline Influences Technology and Security Shares: Shifts in Sector Risk and Changes in Investor Sentiment After the Crash
- COAI index's 88% 2025 collapse exposed fragility of speculative crypto AI assets due to governance failures and regulatory uncertainty. - Institutional investors shifted capital to cybersecurity (e.g., CrowdStrike) and AI infrastructure (Nvidia) as post-crash safe havens. - Divergent investor psychology emerged: 60% retail optimism vs. 41% institutional skepticism toward AI valuations. - U.S. AI Action Plan and cybersecurity policies accelerated capital reallocation to secure-by-design infrastructure and
Ripple celebrates milestones – while XRP struggles below USD 2
MicroStrategy retains its place in the Nasdaq-100 despite Bitcoin dominance
Trending news
MoreCrypto prices
More
