FTX will distribute approx. 900 million dollars to eligible creditors 31 JulyIt was the fifth distribution of the bankrupt crypto exchange. Chapter 11 reorganization plan.
The latest payout is at least the distributions announced between FTX’s second through fifth payout rounds. $9.7 billion. This figure does not include the initial February 2025 distribution. Convenience Class creditorsFTX did not specify a total amount for this.
FTX creditors will receive another $900 million
Announcement of FTX and FTX Recovery Trust 17 July The fifth distribution will cover eligible holders of permitted claims. Eligible and Ineligible Classes.
To qualify, creditors must complete the necessary pre-distribution steps. 16 June registration date. Eligible creditors must receive their funds through the provider of their choice.
Allowed Class based on latest distribution 5A Dotcom Customer Claims will receive additional 9%By taking cumulative distributions 105%.
US Customer Authorization Requests will receive additional 5%bringing the cumulative total to: 105%. General Unsecured Receivables and Digital Asset Loan Receivables Will each of them get it? 3%Bringing the cumulative distributions 103%.
Convenience ClaimsMeanwhile, the cumulative distributions will have received 120%.
Announced FTX distributions exceeded $9.7 billion
The latest announcement extends the creditor repayment period, which began in February 2025.
Multiple people were involved in FTX’s second distribution, which completed in May 2025 5 billion dollarsthen approximately $1.6 billionin September. The Recovery Trust later announced another approx. $2.2 billion For its fourth deployment in March 2026.
Including 900 million dollars FTX planned for July is therefore at least $9.7 billion during their second through fifth deployments.
The total amount distributed or planned since refunds began is higher because this calculation does not include FTX’s first distribution to Convenience Class creditors in February 2025.
FTX has not yet announced registration or payment dates for its next distribution.
Preferred shareholders are preparing for the second payment
31 July The distribution will coincide with another payment to eligible FTX preferred stock holders.
Preferred Shareholder Discount Fund will distribute the Foundation $18 million to rights holders who meet the requirements by 16 June registration date.
Final payment, total distributions from the fund $95 million.
FTX said additional details showing the amounts distributed by individual classes of creditors will be filed with the bankruptcy court shortly. 31 July payment.
Final Summary
- FTX will distribute approximately $900 million to eligible creditors on July 31, bringing the announced payments in the second through fifth distribution rounds to more than $9.7 billion.
- After the fifth distribution, Dotcom and US customer demands will have reached 105% in cumulative distributions, while Convenience Requests will remain at 120%.
