FTX Plans to Pay Creditors $900 Million as Fifth Distribution Starts on July 31

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 who met requirements by the June 16 Record Date. Bitgo and Kraken are involved.