FTX Repays Over $9 Billion to Creditors in Fifth Round

The FTX Recovery Trust has announced that it will begin distributing around $900 million to creditors on July 31. This marks the fifth round of repayments since the crypto exchange collapsed in November 2022.

The repayment plan covers two groups: convenience class and non-convenience class creditors. Convenience class claims, those under $50,000, will receive a 120% reimbursement. Larger or more complex non-convenience claims will receive between 103% and 105% of their original value.

FTX has already distributed over $9 billion to creditors since repayments began in 2025, with the latest round bringing the total payout to nearly $10 billion. The bankruptcy estate has generally repaid retail creditors between 118% and 142% above the value of their holdings at the time of the collapse.

Sam Bankman-Fried, the former FTX CEO, remains in prison after being sentenced to 25 years for misusing customer funds. His appeal was denied last month when a federal court upheld the original ruling.