Several users of the now-defunct crypto exchange FTX have reported that distribution agents have begun releasing funds as part of a reimbursement process for creditors.
This distribution round, totaling $900M, aims to compensate creditors for some of their losses incurred in 2022, as reported by CoinTelegraph.
It appears this is the fifth distribution round, marking a significant step towards reimbursing those affected by the exchange's collapse.