Overview
- The FTX Recovery Trust announced on Friday that it will begin a fifth distribution of roughly $900 million to eligible creditors on July 31, 2026.
- Eligibility for the payout was set by a June 16 record date and requires claim approval plus completed KYC and tax forms before funds are sent through Kraken, BitGo, or Payoneer.
- Preferred equity holders will receive a second payment of $18 million from the Preferred Shareholder Remission Fund Trust, bringing that fund’s total payouts to about $95 million.
- The estate has filed to lower the disputed‑claims reserve by about $600 million to release more cash for creditors and the bankruptcy court has omnibus hearings scheduled for July 23 and August 16.
- After this round, announced distributions since repayments began total at least $9.7 billion and some claim classes will reach or exceed full recovery, meaning many creditors will be made whole or better than made whole.