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Court Approves $1.9B Reserve Release, Enabling Next FTX Distribution

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July 23, 2025
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Court Approves $1.9B Reserve Release, Enabling Next FTX Distribution
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FTX has secured court approval to reduce its disputed claims reserve by $1.9 billion, This move will release significant funds for the next round of customer and creditor distributions. The reserve cut, approved by the Delaware bankruptcy court, reduces the total claims reserve from $6.5 billion to $4.3 billion. FTX Sets August 15 Record Date,

The post Court Approves $1.9B Reserve Release, Enabling Next FTX Distribution appeared first on CoinGape.

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