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Details: ht
BitGo has started sending emails to the corresponding FTX creditors to confirm the deposit of funds.
On September 27, a representative of FTX creditors, Sunil, stated that BitGo has begun sending emails to creditors who selected it as their distribution agent, confirming that funds have been deposited into the FTX creditors' account. The funds will be unlocked on September 30, 2025, at 8 PM Eastern Standard Time. Previously reported, FTX announced that it would facilitate a third round of repayment of approximately $1.6 billion to approved creditors in the convenience and non-convenience classes who have met the pre-allocation requirements on September 30, 2025. Eligible creditors are expected to receive funds through their chosen distribution service providers within 1 to 3 business days starting from September 30, 2025.