
FTX estate to distribute $900 million from July 31, pushing total payouts past $10 billion. Dotcom customers recover 105% of claim value.
The FTX bankruptcy estate will start distributing roughly $900 million to eligible creditors from July 31, the estate said in a statement. The payout brings total distributions since the program launched in 2025 to about $10 billion.
Verified users should receive funds within three business days through approved partners BitGo, Kraken, and Payoneer. The estate completed a $2 billion distribution in March.
The fifth round covers holders of allowed claims in the plan's Convenience and Non-Convenience classes who finished pre-distribution requirements. Recovery rates vary by claim type. Dotcom customer claims get an additional nine percentage points, bringing total recovery to 105%. U.S. customer claims receive five more percentage points, reaching the same 105% rate. Unsecured claims and digital asset loan classes get three extra percentage points.
The estate will also pay $18 million to qualifying preferred equity members on July 31, bringing total payments to that group to $95 million.
Administrators warned about phishing emails and fraudulent claim portals. The estate will never ask anyone to connect a personal crypto wallet, officials said.
The recovery figures exceed the bankruptcy value of positions at the time of FTX's November 2022 collapse, though former users do not benefit from the full recovery of the broader crypto market.
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