$900M FTX Payout Set for July 31 as Creditor Recovery Nears $10B

FTX creditors can expect another significant payout in the coming days as the FTX Fifth Distribution begins on July 31, 2026. This round is expected to send roughly $900 million to holders of allowed claims in the Convenience and Non-Convenience Classes under FTX's Chapter 11 Plan of Reorganization.

The payouts will be made through one of three approved Distribution Service Providers: BitGo, Kraken, or Payoneer. Eligible creditors who have completed all pre-distribution requirements ahead of the June 16, 2026 record date will receive their funds within one to three business days starting July 31.

FTX's bankruptcy estate has returned close to $10 billion to creditors since the exchange collapsed into bankruptcy in November 2022. The FTX Fifth Distribution follows a $2.2 billion distribution in March 2026 and marks another step towards unwinding one of crypto's largest collapses.