FTX pushes ahead with $900M payout as SBF pardon hopes fade
FTX has scheduled its fifth creditor distribution for July 31, preparing to return nearly $900 million as founder Sam Bankman-Fried’s efforts to secure clemency face political resistance. Summary FTX will begin its fifth creditor distribution, worth nearly $900 million, on July 31. Preferred shareholders will receive another $18 million, lifting total trust payments to $95
