FTX Creditors Receive $7.1B to Date; Asset Pool Estimated at Up to $17B
The post FTX Creditors Receive $7.1B to Date; Asset Pool Estimated at Up to $17B appeared on BitcoinEthereumNews.com.
A representative for FTX’s creditors, identified only as Sunil, said the embattled exchange has completed three major rounds of distributions that together total roughly $7.1 billion, and that the estate’s remaining assets are now estimated at about $16–$17 billion. According to Sunil’s update, the payouts took place on February 18, May 30 and September 30 and covered a mix of small and large claims. Sunil set out the breakdown in a short thread, noting that the February 18 distribution of about $454 million covered claims under $50,000, the May 30 distribution was about $5 billion and included both the smaller claims (roughly $750 million of that round went to claims under $50,000) and larger claims, and the September 30 distribution was about $1.6 billion split across claims above and below the $50,000 threshold. In total, Sunil wrote, the distributions sum to roughly $7.1 billion and the estate’s total assets sit at “$16bn/$17bn” before any further distributions. The representative added that while nothing is official yet, the next distribution is expected in January 2026, with a record date for determining eligible claims to be confirmed in December. That timing, if finalized, would continue the phased effort to return value to creditors after FTX’s high-profile collapse and subsequent legal and recovery process. A Stepped Approach The payouts described by Sunil show a stepped approach that has prioritized clearing smaller account claims while also making material distributions to larger creditors. The $5 billion disbursement in late May has been the largest single round so far, and the August-to-September activity indicates continued movement toward broader compensation for harmed account holders. Sunil’s public note is one of the clearest summaries so far from a creditor-side representative about the size and cadence of the estate’s recoveries and distributions. It shows that, even after multiple large payments,…
Filed under: News - @ November 10, 2025 8:27 am