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FTX creditor representative: Kraken has issued a fund allocation notice to creditors

According to online reports, FTX creditor representative Sunil said on social platforms that Kraken has issued a fund allocation notice to FTX creditors. The fund allocation time for FTX U.S. creditors is May 30, 2025, with a total creditor's rights of approximately US$312 million. FTX International creditor's funds allocation time is June 2, 2025. Earlier this morning, FTX announced that it had begun to issue a second round of allocations of more than US$5 billion to "convenience" and "non-convenience" creditor holders who have completed pre-allocation requirements. Customers are expected to receive funds within 1 to 3 working days starting today.

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