Management of bankrupt crypto exchange FTX has issued a warning that creditors should beware of phishing campaigns. Notably, this statement comes after the FTX Recovery Trust commenced its third settlements distribution following the exchange’s shocking collapse in November 2022.

Bad Actors Target FTX Creditors Via Phishing Scams

Recent reports by Bitcoinist imply that FTX commenced a $1.6 billion payout to creditors on September 30. The recipients of this payout included three classes: US customers, international customers, and generally unsecured creditors.

Notably, creditors seeking to access the payout were required to complete all necessary verification procedures, with payments expected to be finalized within three business days via selected payment channels. However, in an X

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