{"id":630982,"date":"2026-07-17T21:53:37","date_gmt":"2026-07-17T21:53:37","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/17\/ftx-to-distribute-900m-to-creditors-in-fifth-payment-round\/"},"modified":"2026-07-17T21:53:37","modified_gmt":"2026-07-17T21:53:37","slug":"ftx-to-distribute-900m-to-creditors-in-fifth-payment-round","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/17\/ftx-to-distribute-900m-to-creditors-in-fifth-payment-round\/","title":{"rendered":"FTX to distribute $900M to creditors in fifth payment round"},"content":{"rendered":"

\"FTX<\/p>\n

The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.<\/p>\n

The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31.<\/p>\n

In a Friday notice, the FTX Recovery Trust and crypto exchange said<\/a> that they would distribute about $900 million to claimants in the recovery plan\u2019s \u201cconvenience and non-convenience classes.\u201d Eligible creditors can receive funds through their BitGo, Kraken or Payoneer accounts within one to three business days starting from July 31.<\/p>\n

The distribution will mark the fifth round of attempts of repaying FTX\u2019s creditors. Convenience claims under $50,000 will receive a 120% reimbursement under FTX\u2019s recovery plan, while others will receive between a 103-105% distribution.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds. The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31. In a Friday notice, […]<\/p>\n","protected":false},"author":1,"featured_media":630983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-630982","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/630982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=630982"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/630982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/630983"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=630982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=630982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=630982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}