FTX schedules another $900M creditor payout, taking announced distributions past $9.7B

FTX will distribute approximately $900 millionto eligible creditors on July 31, marking the bankrupt crypto exchanges fifth distribution under its Chapter 11reorganization plan.

The latest payout will take announced distributions across FTXs second through fifth repayment rounds to at least $9.7 billion. The figure excludes the initial February 2025 distribution to Convenience Class creditors, for which FTX did not specify an aggregate amount.

FTX creditors to receive another $900 million

FTX and the FTX Recovery Trust announced on July 17that the fifth distribution will cover eligible holders of allowed claims across Convenience and Non-Convenience Classes.

To qualify, creditors must have completed the required pre-distribution steps by the June 16record date. Eligible creditors should receive their funds through their selected provider.

Under the latest distribution, allowed Class 5A Dotcom Customer Entitlement Claimswill receive an additional 9%, taking cumulative distributions to 105%.

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U.S. Customer Entitlement Claimswill receive an additional 5%, bringing the cumulative total to 105%. General Unsecured Claims and Digital Asset Loan Claimswill each receive 3%, bringing their cumulative distributions to 103%.

Convenience Claims, meanwhile, will have received cumulative distributions of 120%.

Announced FTX distributions cross $9.7 billion

The latest announcement extends a creditor repayment process that began in February 2025.

FTXs second distribution, completed in May 2025, involved more than $5 billion, followed by approximately $1.6 billion in September. The Recovery Trust subsequently announced another approximately $2.2 billionfor its fourth distribution in March 2026.

Including the $900 millionscheduled for July, FTX has therefore announced at least $9.7 billionacross its second through fifth distributions.

The total amount distributed or scheduled since repayments began is higher, as that calculation excludes FTXs first distribution to Convenience Class creditors in February 2025.

FTX has not yet announced the record or payment dates for its next distribution.

Preferred shareholders also set for second payment

The July 31distribution will coincide with another payment to eligible FTX preferred equity holders.

The Preferred Shareholder Remission Fund Trust will distribute $18 millionto eligible holders who met the requirements by the June 16record date.

The latest payment will bring total distributions from the fund to $95 million.