FTX's fifth payout round sends $900M to creditors on July 31, pushing total recoveries toward $10B — but unverified claimants face a hard six-month deadline.
99Bitcoins•Alex Ioannou31 Jul
Counts I–V survived against four Binance entities and Changpeng Zhao, but the trust still must prove and collect.
CryptoSlate•Liam 'Akiba' Wright31 Jul
FTX's fifth distribution pays $900 million on July 31, its smallest round yet, with some creditors still blocked.
BeInCrypto•Lockridge Okoth30 Jul
The AI hedge fund of ex-FTX Future Fund worker Leopold Aschenbrenner is asking investors for more capital to meet margin calls.
Protos•Aaron Wise30 Jul
Creditors who cleared June 16 requirements should be paid within three business days; allowed claim holders still awaiting provider onboarding may forfeit distribution rights.
CryptoSlate•Liam 'Akiba' Wright30 Jul
DeFi projects that survived the fallout from the Terra and FTX collapses in 2022 are dying out in 2026. But analysts say it’s not a case of industry consolidation — but the opposite.
Cointelegraph•Cointelegraph by Christina Comben28 JulThe closures of BitMEX and BitMart are just part of a broader industry consolidation.
AMBCrypto•Akashnath S28 Jul
BitMEX completed a review of its business and will close on Sept. 23, telling customers to close their positions and withdraw funds before then. The announcement came with no balance-sheet hole, withdrawal freeze, or bankruptcy filing, with Kaiko data putting BitMEX's market share below 0.01% and its daily volume near $400,000. That combination makes BitMEX's […]
CryptoSlate•Gino Matos24 Jul
The Trust Deficit For most of the crypto industry’s history, users who deposited assets with an exchange simply trusted that the funds were there. FTX ended that complacency when it collapsed in 2022, with investigators finding that billions in customer deposits had been quietly diverted to its affiliated trading firm, leaving a shortfall of roughly […]
The Block•The Block Research23 Jul
Only creditors who cleared the June 16 requirements and can onboard with BitGo, Kraken or Payoneer are on the July 31 clock.
CryptoSlate•Liam 'Akiba' Wright20 Jul
Architect CEO Brett Harrison, a Jane Street veteran and former FTX US president, argues LLMs cannot build effective high-frequency trading systems due to
CryptoBriefing•Editorial Team20 Jul
FTX will distribute nearly $900 million to eligible creditors on July 31, marking its fifth payout round in its bankruptcy recovery process.
FTX Trading Ltd. and the FTX Recovery Trust will send roughly $900 million to creditors starting July 31, 2026, marking the estate’s fifth major distribution since the exchange’s 2022 collapse. The payout covers eligible holders of allowed claims in the Convenience and Non-Convenience Classes who met requirements by the June 16 Record Date. Bitgo, Kraken […]
Bitcoin.com News•Jamie Redman18 Jul
The remains of the defunct crypto exchange FTX will be initiating yet another massive distribution of funds this month. The bankruptcy estate will start the distribution of approximately $900 million to eligible global creditors from July 31, 2026. This very important step comes at the end of a highly organized
TheNewsCrypto•Lakshya Baskar18 Jul
Meanwhile, FTX's ex-CEO requested a pardon but it was unanimously rejected by the US Senate.
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.
Cointelegraph•Cointelegraph by Turner Wright17 Jul
FTX's fifth distribution pays creditors $900 million on July 31. Most now get back more than 100% of their claim.
BeInCrypto•Lockridge Okoth17 JulFTX has scheduled its fifth creditor distribution for 31 July, with approximately $900 million set to be paid as cumulative distributions for several creditor classes rise above 100%.
AMBCrypto•Adewale Olarinde17 Jul
FTX has scheduled its fifth creditor distribution for July 31, preparing to return nearly $900 million as founder Sam Bankman-Fried’s efforts to secure clemency face political resistance. According to an FTX press release, the bankrupt exchange will distribute funds to…
Polymarket routes operations through a Panamanian shell entity with ties to FTX's legal infrastructure, raising transparency concerns amid an ongoing FBI
CryptoBriefing•Editorial Team17 Jul