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FTX Trust to Pay $900M to Creditors on July 31
FTX creditors will receive $900M starting July 31, with a June 16 record date. Cumulative distributions exceed $10B. Preferred equity holders are included for the first time.
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The FTX Recovery Trust will distribute roughly $900 million to creditors starting July 31, 2026, the trust said Tuesday. The record date for the payment is June 16, meaning claimants must have their documentation in order by then.
This round includes preferred equity holders for the first time. The trust said it has recovered enough value to extend payments to that class, which typically receives nothing in bankruptcy. The move signals the scale of asset recovery since the exchange collapsed in late 2022.
Cumulative distributions have now passed $10 billion since payouts began in early 2025. The first distribution in September 2025 delivered about $1.6 billion. By the fourth distribution in March 2026, that figure had climbed to roughly $2.2 billion. Some claim classes have recovered 100% of their allowed amounts, a first in a major crypto bankruptcy.
To release additional funds, the trust has applied for court approval to shrink the disputed claims reserve by about $600 million. That would reduce the reserve from $2.4 billion to $1.8 billion, freeing cash that was tied up in litigation. The trust said the reduction reflects progress in resolving contested claims.