FTX has made its fifth payment of $900 million, and a total of $10 billion has already been paid out—yet users’ funds are still locked. This bankruptcy restructuring is increasingly ironic the closer you look at it.

Crypto World News: FTX announced it will distribute $900 million to its creditors, the fifth round of payments the company has made since its bankruptcy. Since filing for bankruptcy in November 2022, FTX’s trust and company have distributed about $10 billion, but users still cannot withdraw their funds.