FTX Begins $900M Fifth Creditor Distribution on July 31, Dotcom Claims Reach 105% Recovery

FTX will initiate its fifth distribution of approximately $900 million to creditors on July 31, 2026. Class 5A Dotcom Customer Entitlement Claims and Class 5B U.S. Customer Entitlement Claims will each reach 105% cumulative recovery under the plan. Bitgo, Kraken and Payoneer will handle fund disbursement, with most recipients receiving payments within one to three business days. Cumulative distributions since early 2025 now approach $10 billion, marking one of the largest creditor recoveries in cryptocurrency history.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments