Bitcoin.com
FTX Massive Payout: $900 Million Distribution Set to Begin for Creditors
July 18, 2026•06:36 PM
FTX Trading Ltd. and the FTX Recovery Trust have announced a massive $900 million distribution aimed at compensating eligible creditors. Scheduled to commence on July 31, 2026, this fifth major payout marks a critical milestone in the long-running liquidation process following the exchange's catastrophic 2022 collapse.
The upcoming distribution targets holders of allowed claims within the Convenience and Non-Convenience classes who met the eligibility criteria by the June 16 Record Date. As the estate continues to navigate complex legal and financial hurdles, this injection of capital is a decisive step toward resolving the massive insolvency claims left in the wake of the FTX bankruptcy.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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