FTX Adds Payoneer for Creditor Repayments, Excludes Key Markets

FTX Adds Payoneer for Creditor Repayments, Excludes Key Markets
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FTX has integrated Payoneer as a new repayment option for creditors, expanding distribution channels. However, key markets like Nigeria and China remain excluded from the process, raising concerns over fairness.

  • Payoneer joins BitGo and Kraken as a distribution channel for FTX creditor repayments, effective after May 30, 2025.
  • Retail creditors in Nigeria, China, Russia, and Egypt remain excluded from FTX's repayment process despite significant claims.
  • FTX has repaid nearly $7 billion to creditors so far, with smaller claims prioritized for full repayment.
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