FTX Wins Court Nod for $1.9 Billion Creditor Payout on Sept. 30

A U.S. bankruptcy court has approved FTX’s plan to begin its next distribution of funds to creditors on 30 September 2025. The ruling frees up about $1.9 billion for the upcoming payout and reduces the exchange’s disputed-claim reserve to $4.3 billion from $6.5 billion.

Creditors eligible for the disbursement will be determined by a record date of 15 August 2025, according to court filings. Payments will be processed through BitGo, Kraken and Payoneer as the estate continues efforts to return assets lost when the crypto platform, once led by Sam Bankman-Fried, collapsed into bankruptcy in late 2022.

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