FTX is preparing a substantial fifth distribution of approximately $900 million to creditors with approved claims, set to begin on July 31, 2026. This payout marks another major step in the ongoing liquidation process but requires claimants to have met all preparatory criteria to receive funds on time.

Details on the Fifth Distribution

The amount allocated for this round of payments is around $900 million, targeting holders of allowed claims who completed all pre-distribution requirements by the designated record date. These requirements include KYC verification and linking a valid payout method. Payments will be processed via authorized Distribution Service Providers such as BitGo, Kraken, or Payoneer, with creditors expected to receive funds within one to three business days after the distribution date.

Recovery rates announced by the estate show incremental and cumulative percentages by creditor class: Class 5A (Dotcom) and 5B (U.S.) are at a 105% cumulative recovery rate; Classes 6A and 6B stand at 103%; and Class 7, which covers convenience claims, shows a 120% cumulative rate. These recovery figures apply estate-wide and not to specific individual accounts, which may vary based on claim size and previous disbursements.

Preferred Equity Holders and Compliance Notes

In parallel with creditor payments, the Preferred Shareholder Remission Fund Trust (PSRFT) will distribute an additional $18 million to eligible preferred equity holders on the same date. Cumulatively, PSRFT payments have reached $95 million across all tranches. This is distinct from creditor claims and operates on a separate schedule.

Creditors must ensure that their provider information and compliance documents are current and accurately match the claim profile submitted to avoid payment delays. All updates should be made through the official FTX claims portal, with close attention paid to prompts from the payment providers.

Security and Verification

Users are advised to remain vigilant against phishing attempts. The estate cautions recipients to disregard any messages requesting seed phrases or additional fees. Verifying official URLs through estate communications is critical before clicking any links. This precaution is essential to maintaining the integrity of the payment process.

All information presented here is for informational purposes only and should not be considered financial advice.