FTX creditor representative: Kraken has issued a fund distribution notice to creditor clients

ChainCatcher message, FTX creditor representative Sunil posted on the X platform stating that Kraken has issued a fund distribution notice to FTX creditor clients, with the fund distribution date for FTX US creditors set for May 30, 2025 (total debt amount: $312 million), and for FTX international creditors on June 2, 2025.

Previously reported, FTX has announced the launch of the second phase of the user repayment program, expecting to distribute over $5 billion to creditors, who will receive the funds within 1 to 3 business days.