The FTX bankruptcy estate is set to release roughly $900 million to creditors with allowed claims, marking the fifth distribution from the collapsed crypto exchange. Payments are scheduled to begin on July 31, 2026, and eligible creditors must have completed all pre-distribution requirements by the record date to receive funds.
Who gets what
Creditors in different claim classes will see varying recovery rates. Class 5A (Dotcom) gets an incremental 9%, bringing its cumulative recovery to 105%. Class 5B (U.S.) receives an incremental 5%, also reaching 105% cumulative. Classes 6A and 6B each get an incremental 3%, for a cumulative 103%. Class 7 (Convenience) will have a cumulative recovery of 120%.
How the money moves
Distribution will be handled through three service providers: BitGo, Kraken, or Payoneer. Once the July 31 date hits, funds are expected to land in creditors' accounts within one to three business days. Separately, the estate will pay $18 million to eligible Preferred Equity Holders through PSRFT, bringing total PSRFT payments to $95 million.
What creditors need to do
To avoid delays, creditors must make sure their payout route is linked and their know-your-customer (KYC) checks are complete. The estate also warns against phishing attempts — anyone who receives messages asking for seed phrases or upfront fees should ignore them. No legitimate request for that information will come from the estate or its partners.
