FTX will begin its third round of creditor repayments on September 30, 2025, releasing about $1.6 billion as part of its ongoing Chapter 11 bankruptcy reorganisation. The payout marks another step toward compensating customers and creditors following the exchange’s high-profile collapse.
Eligible creditors who have completed Know Your Customer (KYC) checks and onboarded with designated service providers—including BitGo, Kraken, and Payoneer—are expected to receive their funds within one to three business days after distribution begins.
According to the claims portal, recovery rates vary by creditor class. U.S. Customer Entitlement Claims (Class 5B) will reach 95% repayment, while Dotcom Customer Entitlement Claims (Class 5A) will be 78%. Both General Unsecured Claims and Digital Asset Loan Claims (Classes 6A and 6B) will rise to 85% recovery. Convenience Claims (Class 7) will reach 120%.
The announcement highlights steady progress in FTX’s efforts to return assets through court-approved restructuring, relieving thousands of creditors caught in one of crypto’s most dramatic bankruptcies.
