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

On March 6, according to FTX creditor representative Sunil, cryptocurrency exchange Kraken has started sending emails to FTX customers confirming that the next round of FTX asset distribution will take place on May 30, 2025. The distribution will include both creditors with claims of less than $50,000 and greater than $50,000. Kraken, as the executor of the distribution, is responsible for releasing assets to eligible former FTX users.