[FTX to Launch $1.6 Billion Third Round of Creditor Repayments] FTX will initiate the third round of creditor repayments on September 30, totaling approximately $1.6 billion, covering two categories of creditors: 'convenience claims' and 'non-convenience claims.' Retail users are expected to receive fiat repayments equivalent to about 120% of their account balances, though some users have expressed dissatisfaction with the repayment value being lower than their original assets. As of now, unsecured creditors have received 85% repayment, with full repayment expected eventually. Funds will be distributed via platforms such as BitGo, Kraken, or Payoneer. FTX filed for bankruptcy in 2022 due to a liquidity crisis.