FTX to begin fifth creditor distribution on July 31

The FTX Recovery Trust just announced another round of payments to creditors, this time worth approximately $900 million. Distributions will begin on July 31, 2026, marking yet another chapter in what has become the most consequential bankruptcy proceeding in crypto history.　　The record date for this distribution is June 16, 2026, meaning claimholders need to have their ducks in a row by then to be eligible. This round also includes a first: preferred equity holders will receive payments, expanding the circle of people finally getting something back from the wreckage Sam Bankman-Fried left behind.　　The numbers keep getting bigger　　Cumulative distributions to creditors have now surpassed $10 billion since payouts began in early 2025. The first distribution in September 2025 delivered roughly $1.6 billion. By the fourth distribution in March 2026, that number had climbed to approximately $2.2 billion. Some classes of claims have achieved 100% recovery.　　To free up even more cash, the FTX estate has applied for court approval to shrink the disputed claims reserve by about $600 million. That would bring the total reserve down from $2.4 billion to $1.8 billion, releasing funds that can flow to creditors instead of sitting in legal limbo.　　Advertisement　　How the money actually moves　　Distributions flow through a