FTX Distributes $900 Million to Creditors in Fifth Bankruptcy Payout Pushing Recovery Past 100%
The FTX Recovery Trust distributes approximately $900 million to eligible creditors on July 31, marking the fifth payout round. Payments will be processed within three business days through approved distribution partners.
The latest distribution pushes most claim classes past 100% recovery, bringing the total amount repaid from the bankruptcy estate to nearly $10 billion.
From the sources (3 posts)
@laurashin💸 FTX is sending ~$900M to creditors on July 31, the fifth distribution round, pushing most claim classes past 100% recovery.
@todayqnewsThe FTX Recovery Trust will distribute nearly $900 million to eligible creditors on July 31 as part of its fifth repayment round. Eligible claimants are expected to receive funds within three business days through approved distribution par
@benx_hqFTX's fifth creditor distribution is set for July 31, with roughly $900 million going out. The estate has continued processing distributions through 2026, and this is another significant payout for creditors who have been waiting since the