FTX Plans to Pay Creditors $900 Million as Fifth Distribution Starts on July 31
Key Takeaways FTX starts a $900 million fifth distribution to creditors on July 31, 2026. Dotcom and U.S. customer claims now reach 105% cumulative recovery under the plan. The Senate passed S. Res. 772 on July 16, rejecting clemency for Sam Bankman-Fried. The payout covers eligible holders of allowed claims in the Convenience and Non-Convenience…
