Crypto: BitGo And Kraken Distribute $5 Billion To Former FTX Clients
17h05 ▪
4
min read ▪ by
The FTX saga continues to shake the crypto ecosystem. On May 30, 2025, a second wave of payments was launched, marking a new milestone in the attempt to repair the financial disaster left by the platform. Behind this large-scale logistical operation, a harsher reality emerges: not all creditors are treated equally.
In brief
- FTX launched on May 30, 2025, a second wave of $5 billion repayments to its former users.
- Payments are based on asset values from November 2022, causing anger…