Kraken has started sending emails to FTX customers to confirm the timing and scope of the next round of asset allocation

On March 6th, it was reported that Sunil, the representative of FTX creditors, revealed that the cryptocurrency exchange Kraken has started sending emails to FTX clients confirming that the next round of FTX asset distribution will take place on May 30, 2025.

This distribution will include creditors with debt amounts both less than $50,000 and greater than $50,000. Kraken, as the executor of this distribution, is responsible for distributing assets to eligible former FTX users.