BitGo has begun sending emails to corresponding FTX creditors confirming funds deposited
Internet reports that FTX creditors issued a document on behalf of Sunil saying that BitGo has begun sending emails to creditors who have chosen it as the distributor, confirming that funds have been deposited into FTX creditor accounts and that funds will be unlocked at 8 pm Eastern Standard Time on September 30, 2025. Previously, FTX announced that it would make a third round of repayment of approximately US$1.6 billion on September 30, 2025 to authorized creditors in the facilitation and non-facilitation categories of the debt plan who have completed pre-allocation requirements. Eligible creditors are expected to receive funds through the distribution service provider of their choice within 1 to 3 working days from September 30, 2025.
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