FTX Repayments Continue as SBF Appeals Looms
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The FTX Recovery Trust is set to issue a third $1.6B payout to creditors on Sept. 30, continuing its multi-stage reimbursement plan.
Meanwhile, former CEO Sam Bankman-Fried (SBF)—convicted in Nov 2023 on fraud and conspiracy charges and sentenced to 25 years—is preparing to appeal his conviction in November 2025. His legal team argues FTX “was never insolvent” and that SBF did not receive a fair trial.
The dual story of creditor repayments and ongoing legal battles ensures that FTX remains a focal point for both crypto markets and regulatory debate.
Creditors slowly getting their money back 
This saga isn’t over yet.