Bankrupt crypto exchange FTX will pay out an additional $1.6 billion to creditors in its third major distribution, set to begin on Sept. 30, according to a Friday announcement.

U.S. creditors, who fall under Class 5B, will receive a 40% payout in this round, bringing their cumulative recovery to 95% of their claims since FTX’s collapse.

Meanwhile, international customers, who sit in Class 5A, are set to receive an additional 6%, reaching a total of 78% recovery.

This story is an excerpt from the Unchained Daily newsletter.

BitGo, Kraken, and Payoneer will facilitate the payments, with funds expected in claimant accounts within one to three business days after Sept. 30, provided pre-distribution verification steps were completed.

It marks the third payout since FTX’s bankruptcy, taking total distributions to over $8 billion. Still, although $16.5 billion has been earmarked for distributions, some creditors are unhappy with the bankruptcy estate using Nov. 2022 prices for crypto assets to determine their payout value.