# FTX Beginning $5B in Creditor Payouts on May 30

*Author: Bankless*
*Published: May 15, 2025*
*Source: https://www.bankless.com/de/read/ftx-beginning-5b-in-creditor-payouts-on-may-30*

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FTX will start distributing $5 billion to creditors via Kraken and BitGo, marking the next step in its bankruptcy reorganization plan.

## **What’s the Scoop?**
- **Creditor Repayments**: Bankrupt crypto exchange FTX will disburse over $5 billion to creditors starting May 30.
- **Distribution Partners**: Repayments will be managed through Kraken and BitGo as part of the payout process.
- **Chapter 11 Progress**: This marks the second phase of FTX’s Chapter 11 reorganization efforts.
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