FTX payouts $7.1B, net assets $16–17B, 4th in Jan 2026
FTX has completed three payout rounds totalling $7.1B in a bid to settle creditor claims.
The first FTX payouts of $454M on Feb 18, 2025, covered convenience creditors with claims under $50,000. A second distribution of $5B on May 30, 2025, included US and .com customers and Alameda Research counterparties. The third $1.6B round was finalised on Sep 30, 2025.
Robust asset recovery has increased FTX’s net assets to an estimated $16–17B. This supports recovery rates of up to 119% for small claims and about 85% for larger unsecured and loan claims.
A fourth distribution is scheduled for Jan 2026, with Dec 2025 as the record date for eligible creditors.
Collaborations with BitGo, Kraken and Payoneer streamline and secure the payout process. Traders should monitor FTX payouts and bankruptcy developments, especially the forthcoming payout in Jan 2026, for potential market impacts.
Neutral
FTX’s progress in creditor payouts and robust asset recovery enhances transparency and creditor confidence. However, as the exchange winds down operations and no active trading is resumed, the direct price impact on any FTX-related token or the broader crypto market is limited. Short-term volatility from repayment news is unlikely, and long-term market direction depends on wider crypto trends rather than FTX’s repayment schedule alone, resulting in a neutral outlook.