ANews, September 20, according to The Block, FTX will pay an additional $1.6 billion to creditors starting September 30 as part of its third distribution of bankruptcy assets. The bankruptcy plan will be finalized in October 2024 and will utilize over $15 billion in recovered assets. FTX's latest payment will target both the convenience class and non-convenience class of the exchange. The so-called convenience class typically refers to retail investors and small creditors, who make up the majority (up to 99%) of FTX's creditor group, while the non-convenience class involves larger or more complex claims.