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FTX to Begin Distributing Over $5B in Stablecoins to Creditors on May 30: What Percentage Will Flow Back to Crypto Markets?

May 30th marks a pivotal moment in the FTX bankruptcy saga as the FTX Recovery Trust officially begins distributing over $5 billion in stablecoins to creditors. This represents the second major payout in the Chapter 11 reorganization plan, following the $1.2 billion distribution in February.

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