welcome
TheStreet

TheStreet

Business

Business & Economics

FTX creditors: Here's how to claim your share of the $5B payout starting May 30

TheStreet
Summary
Nutrition label

77% Informative

FTX 's creditors will receive a share of their lost funds starting May 30, 2025 .

BitGo and Krakentwo of the approved distribution agents — are emailing clients to confirm that funds transferred from FTX will be deposited into users' accounts by the end of the month .

FTX filed for bankruptcy amid a liquidity shortfall before investigators found widespread fraud, mismanagement, and a lack of internal controls.

VR Score

74

Informative language

70

Neutral language

53

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links