FTX creditor representative Sunil stated in a post that FTX distribution payments have been deposited into creditors' accounts.
As previously reported, FTX Recovery Trust and FTX announced that the fifth round of creditor repayments will launch on July 31, with plans to distribute approximately $900 million to creditors in the "Convenience" and "Non-Convenience" categories under the recovery plan.
With the launch of this distribution round, the cumulative repayment amount by FTX Recovery Trust will reach approximately $10 billion since FTX filed for bankruptcy in November 2022.
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Source: TechFlow Crypto News