Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Dogecoin whales have added 2 billion DOGE over the past week, injecting about $500 million and lifting the memecoin’s market cap by $5.5 billion to roughly $36.4 billion. Major wallets holding 100 million to 1 billion DOGE led the buying spree, including a single-day purchase of 230 million DOGE that spurred an 8% price jump. On-chain data shows derivatives trading volume exceeding $10 billion in 24 hours, with funding rates favoring long positions. Meanwhile, Dogecoin’s daily chart has formed a golden cross as the 50-day EMA crosses above the 200-day EMA—a signal that preceded a 276% rally in November 2024. Key technical indicators remain bullish: the RSI is below overbought levels, the MACD has turned positive, and prices are testing the upper Bollinger Band. Traders are eyeing resistance at $0.26; a decisive breakout could target $0.30 and $0.32, while support levels at $0.22 and $0.20 will be critical to sustaining momentum. Combined whale accumulation, bullish technical setups, and active derivatives flows suggest a bullish outlook for Dogecoin, potentially amplified if Bitcoin reclaims previous highs.

ALT5 Sigma has unveiled a $1.5 billion WLFI token treasury plan, issuing up to 100 million ATLS shares at $7.50 each via a registered direct offering and private placement. Under the deal, the company will receive $750 million in WLFI governance tokens at $0.20 apiece and $750 million in cash, giving it a 7.5% stake in total WLFI supply. New governance appointments include World Liberty Financial co-founders Zach Witkoff and Eric Trump, board observer Zak Folkman and incoming CIO Matt Morgan. WLFI, launched as a non-transferable governance token in October 2024 with a USD-pegged stablecoin following in March 2025, remains largely locked up despite a mid-July vote to enable broader trading. Investors reacted to WLFI’s token lockup and execution risk by driving ALT5 shares down 26% to $6.60, erasing recent gains. Company filings warn that failure to secure WLFI tokens on favorable terms could derail the treasury plan and force asset reallocation. The sharp share slump underscores bearish sentiment around WLFI liquidity and execution challenges, testing ALT5’s crypto treasury strategy.

Coinbase has relaunched its Stablecoin Bootstrap Fund to boost USDC liquidity across DeFi markets. The fund, managed by Coinbase Asset Management, will initially allocate USDC to Aave and Morpho on Ethereum, and to Kamino and Jupiter on Solana. It builds on the 2019 Bootstrap Fund that seeded Uniswap, Compound and dYdX, helping USDC reach $8.9bn in TVL and $2.7trn in annual onchain volume. The revival comes with an undisclosed fund size and a recent proposal to raise $2bn via convertible notes. Coinbase plans to expand USDC liquidity support to Sui, Aptos and other networks. This move underlines Coinbase’s commitment to decentralized finance growth and ensures stable rates for lending and borrowing.

A US-led task force dismantled the BlackSuit ransomware network in late July. Agencies involved included the DOJ, HSI, FBI, Secret Service and IRS, along with partners from the UK, Germany, Ireland, France, Canada, Ukraine and Lithuania. The operation seized servers, websites and about $1 million in crypto. Active since 2023 as a successor to Royal ransomware, BlackSuit ransomware attacked over 450 healthcare, manufacturing and government targets. It used double extortion tactics—encrypting files and threatening data leaks—to demand ransoms between $1 million and $10 million per incident, and once sought $60 million. Authorities traced a single victim payment of 49.3 BTC (about $1.4 million), froze $1 million on a crypto exchange, and say the group has collected more than $370 million in Bitcoin ransoms. Officials warn that ransomware operations often rebrand and remain vigilant for BlackSuit’s possible resurgence. Separately, India’s Enforcement Directorate froze roughly ₹42.8 crore (about $4.8 million) in assets tied to a crypto scam.

Grayscale has launched two single-asset Sui trust products tied to DeepBook (DEEP) and Walrus (WAL), marking its second Sui offering in a year. Qualified investors can now gain direct exposure to native DEEP and WAL tokens via the new Grayscale Sui trusts. DeepBook—an on-chain order book—has processed over $10 billion in trading volume, while Walrus—a programmable data storage platform—raised $140 million in March 2023. The move comes as Sui’s DeFi activity surges, with total value locked (TVL) peaking at a record $2.3 billion on July 28. Momentum was further bolstered by Mill City Ventures’ Sui vault, which raised $441 million on July 28 and added $500 million on August 1. Industry observers note that these institutional-grade vehicles expand access to Sui ecosystem tokens beyond exchanges, potentially boosting demand, liquidity and validating the blockchain’s high-throughput architecture.

President Donald Trump signed an executive order directing the US Labor Department and SEC to ease regulations on cryptocurrency and other alternative assets in 401(k) plans. The order aims to modernize retirement portfolios by treating digital assets like private equity and real estate. It could unlock part of the $8.7 trillion held in 401(k) accounts within the $43.4 trillion US retirement market by Q1 2025. Markets reacted positively to the 401(k) crypto initiative. Bitcoin jumped over 4% and Ethereum climbed 7%, while crypto-related stocks also gained. Bitwise CIO Matt Hougan expects slow, steady institutional inflows that boost returns and reduce volatility. Industry groups such as the Crypto Council for Innovation and ZIGChain praised the move for confirming digital assets’ place in finance and called for clearer SEC guidance. Others, including 0G Labs and Tezos co-founder Arthur Breitman, hailed it as a watershed but underscored the need for clear rules on token eligibility, custody, and safeguards. Critics warn that adding crypto to 401(k) plans may increase fees, limit liquidity, and expose savers to high volatility. As regulators draft detailed SEC guidelines, plan sponsors must balance potential returns against investor protection. This 401(k) crypto order could channel significant institutional capital into digital assets and reshape long-term retirement investing.

Nasdaq-listed Safety Shot shares plunged 50% to $0.56 after the company announced a $25 million allocation of BONK as its core treasury asset. The memecoin’s price also dipped 10% to $0.000024. On August 11, Safety Shot secured an initial $25 million block of BONK tokens from the project’s founding contributors. Shares slid further to $0.59 in after-hours trading, underlining investor skepticism towards the move. The firm highlighted BONK’s technical edge on the Solana blockchain—fast transactions, low fees and a built-in token burn mechanism—contrasting it with rival meme coins like Shiba Inu (SHIB), Pepe (PEPE) and Dogecoin (DOGE). BONK’s market cap stands at $1.96 billion, with 24-hour trading volume up 18% to $536 million. Despite active trading, Safety Shot’s pivot into a volatile meme coin treasury has injected uncertainty into its near-term outlook.

NYSE-listed Shift4 Payments has partnered with Jeff Bezos’ Blue Origin to allow customers to book New Shepard space flights using cryptocurrencies as crypto payments, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and stablecoins USDT and USDC. Transactions are processed directly via Coinbase and MetaMask wallets through Shift4’s infrastructure, highlighting the ease of crypto payments for premium services. Since its inaugural flight, over 75 passengers have crossed the Kármán Line with Blue Origin, and Shift4 CEO Taylor Lauber says the deal extends their vision of commerce beyond Earth. Alex Wilson, Shift4’s Head of Crypto, notes cryptocurrencies have reached a $4 trillion market cap and anticipates rising demand for digital asset payments in high-cost, premium experiences. This landmark integration underscores blockchain’s expanding role in aerospace and space tourism, signaling a boost in mainstream crypto adoption among luxury service providers.

Since April 2024, Embargo Ransomware has extorted over $34 million in cryptocurrency. Blockchain analytics from TRM Labs link Embargo Ransomware to the defunct BlackCat (ALPHV), indicating a rebrand. The group targets U.S. healthcare, manufacturing and business services, demanding ransoms up to $1.3 million per incident. Unlike typical ransomware-as-a-service models, Embargo Ransomware retains control over infrastructure and negotiations. It uses double extortion tactics, combining file encryption with data theft and public leak threats. TRM Labs traced $13 million through regulated exchanges, while $18.8 million sits idle in unattributed wallets to evade detection. The group may use AI to scale phishing campaigns, mutate payloads and speed reconnaissance. This evolution underscores growing ransomware sophistication and ongoing crypto laundering challenges.

CEA Industries’ treasury arm, BNB Network Company (BNC), has acquired 200,000 BNB tokens, worth about $160 million. This makes it the largest corporate BNB holder globally. The purchase follows a $500 million private placement led by 10X Capital and YZi Labs, designating BNB as the firm’s primary reserve asset. New leadership has been appointed to oversee the strategy. Galaxy Digital co-founder David Namdar is CEO. Former CalPERS CIO Russell Read and ex-Kraken director Saad Naja have joined the board, along with two 10X Capital partners. BNC plans to continue buying BNB until its initial capital is fully deployed. It may also raise up to $750 million via warrants. The move diversifies corporate crypto reserves and serves as a hedge against inflation. It underscores growing institutional adoption and confidence in BNB. Traders should watch for potential price impacts and volatility. This benchmark deal could inspire further corporate crypto investment and support BNB demand.

On August 7, President Donald Trump appointed Harvard-trained economist Stephen Miran to the Fed Board as a transition member through January 31, 2026, filling a temporary vacancy and sending a political signal ahead of decisions on Jerome Powell’s successor. Known for his pro-crypto views and dovish outlook, Miran advocates lower interest rates, a weaker dollar and simplified crypto regulation. In his prior role as senior strategist at Hudson Bay, Miran worked on FTX bankruptcy claims, underscoring his crypto credentials. During his short stint—including up to three FOMC meetings—his votes on the Fed Board appointment could influence market expectations amid a nearly 90% probability of a rate cut in September and ongoing dollar weakness. Crypto traders have already reacted: Bitcoin briefly surged above $117,600 and Ether saw gains as CME data priced in Fed easing. Although Miran lacks formal legislative power, his stance offers a barometer for U.S. monetary policy shifts and crypto oversight through mid-2026, likely sustaining bullish sentiment for digital assets.

Over the past five weeks, Russian hacker group GreedyBear executed a large-scale crypto theft campaign, stealing over $1 million in digital assets. The attackers deployed 150 malicious Firefox extensions and nearly 500 malware-laden Windows executables to phish for wallet credentials. Using an “Extension Hollowing” tactic, they swapped legitimate add-ons for fake MetaMask, Exodus, Rabby Wallet and TronLink plugins to harvest private keys. Victims who installed these phishing browser extensions unknowingly surrendered their keys, allowing direct fund transfers. Additional malware — including LummaStealer, ransomware and trojans — was spread through pirated software sites. Almost all malicious domains pointed to a central IP (185.208.156.66), which served as the command-and-control hub for stolen data and payloads. Koi Security’s CTO Idan Dardikman confirmed Firefox extensions were the campaign’s most lucrative attack vector. This crypto theft underscores ongoing phishing risks and the need for traders to vet extension sources, audit installed plugins regularly, and download only from official channels to protect wallet security.

Two Seas Capital, which holds roughly 6.3% of Core Scientific, will vote against CoreWeave’s $9 billion all-stock acquisition bid, arguing it undervalues the AI compute firm and exposes shareholders to CoreWeave stock volatility without downside protection. The CoreWeave acquisition bid, first pursued in June to lease Core Scientific’s data centres, triggered a 30% plunge in Core Scientific shares, though they rallied 3% on news of the opposition. Valued at $58.1 billion versus Core Scientific’s $4.3 billion, CoreWeave’s plan must clear a shareholder vote at the upcoming meeting. Founded as a Bitcoin miner and going public at $4.3 billion in January 2022 before pivoting to AI infrastructure post-bankruptcy, Core Scientific may still attract a merger if fair-value terms and stronger safeguards are offered. The contested CoreWeave acquisition underscores rising shareholder activism in AI infrastructure M&A, with potential implications for crypto mining and AI compute sector valuations.

Parataxis, a Bitcoin asset manager, is going public via a SPAC merger with SilverBox Corp IV. The transaction will raise up to $640 million in gross proceeds—$240 million from the SPAC trust and up to $400 million through a PIPE facility—to fund its Bitcoin treasury strategy. At closing, the combined entity, Parataxis Holdings, will list on the NYSE under the ticker PRTX at an implied equity value of $800 million based on $10 per share. An initial $31 million of the proceeds will be used to purchase Bitcoin, supporting Parataxis’s long-term BTC accumulation and yield strategies within an institutional framework. CEO Edward Chin said the deal enhances institutional credibility and will finance expansion into South Korea via Parataxis Korea, backed by its investment in Bridge Biotherapeutics. The move follows a wave of crypto IPOs and SPAC deals, including Circle’s IPO, ProCap’s NASDAQ debut, and Grayscale’s planned listing. Since June, Parataxis’s shares have risen 4.5-fold. SilverBox Corp IV traded flat at $10.60 on close, rising 1.7% postmarket to $10.78. This SPAC merger underscores growing institutional interest in Bitcoin and may boost market optimism.

SBI Holdings has filed applications with the Tokyo Stock Exchange to launch Japan’s first Bitcoin-XRP ETF and a Digital Gold Crypto ETF. The Bitcoin-XRP ETF will give institutional and retail investors regulated exposure to Bitcoin (BTC) and XRP. The Digital Gold Crypto ETF allocates 51% to gold-backed ETFs and 49% to major cryptocurrencies to hedge volatility. These filings align with Japan’s Financial Services Agency revising crypto regulations under the Financial Instruments and Exchange Act to streamline approval and tax processes. The Bitcoin-XRP ETF could boost institutional participation and liquidity in Japan’s digital asset market. Meanwhile, Hong Kong authorities are preparing to grant stablecoin licenses to select issuers, potentially including offshore renminbi-backed tokens. These developments may further integrate regulated crypto solutions across Asia.

Binance co-founder Changpeng Zhao (CZ) has filed a motion in the U.S. Bankruptcy Court in Delaware to dismiss the $1.8 billion FTX lawsuit, arguing the court lacks jurisdiction. CZ resides in the UAE and says the 2021 equity buyback with FTX was conducted solely through entities in Ireland, the Cayman Islands and the British Virgin Islands. His legal team maintains he was only a nominal counterparty and never controlled or received FTT or BUSD tokens. Former Binance executives Samuel Lim and Dinghua Xiao have also moved to dismiss their involvement. Meanwhile, the FTX trustee has returned about $6.2 billion to creditors in two distribution rounds, with the next batch scheduled for September 30, 2025. Crypto traders should watch how the court’s jurisdiction ruling could affect the FTX lawsuit and market confidence.

Brazil’s House of Representatives will debate a Bitcoin reserve bill on August 20. The legislation would allocate up to 5% of national treasury funds (about $15 billion) to Bitcoin. Proponents say the Bitcoin reserve would shield foreign exchange reserves from currency volatility and geopolitical risks. A scheduled hearing will feature the Central Bank, the Finance Ministry, crypto advocacy groups, fintech firms and major banks. Supporters argue the reserve will bolster economic resilience, promote blockchain adoption and drive institutional investment. Opponents, including the central bank’s monetary policy director, warn that adding crypto assets to state reserves is risky. If passed by both chambers and signed by President Lula, Brazil would join other countries exploring sovereign Bitcoin reserves — a shift that could boost market confidence and reshape global crypto markets.

Spot Bitcoin ETFs saw three consecutive days of net outflows as prices retreated from July highs. BlackRock’s IBIT led the sell-off with a $292.5M withdrawal, the largest since May. Fidelity’s FBTC and Grayscale’s GBTC lost $40M and $10M respectively, while Bitwise’s ETF attracted $18.7M. Weekend selling sent Bitcoin down 8.5% from its July 14 peak, dipping to $112,300 before recovering to around $115,000. Spot Ethereum ETFs also recorded record outflows, with $465.1M withdrawn in one session, led by BlackRock’s ETHA. Despite the recent pullback, July inflows remained robust. IBIT gathered $5.2B for the month, and digital assets drew $60B year-to-date, according to Bloomberg and JPMorgan. Spot Bitcoin ETFs have compressed 90-day volatility from over 60 to below 40, creating a more stable market. Traders should watch Bitcoin ETF flows closely. Persistent outflows may dampen short-term sentiment, while lower volatility and sustained institutional interest support long-term accumulation.

US spot Ethereum ETF outflows hit a record $465 million on Monday, ending a 20-day inflow streak after $152 million exited on Friday. The outflows coincided with Ethereum’s price dropping 12% over the weekend to $3,380 before recovering to $3,670. BlackRock’s ETHA led withdrawals with $375 million, followed by Fidelity’s FETH ($55.1 million) and Grayscale’s Mini and ETHE funds ($28 million and $6.9 million). Spot Bitcoin ETFs also saw $333 million leave the market. Despite these Ethereum ETF outflows, ETH has climbed 44% in the past 30 days, trading near $3,630, and Galaxy Digital CEO Mike Novogratz forecasts a revisit to $4,000 within six months. On-chain data points to robust institutional demand amid ETF turbulence. Since July 9, 14 new wallets have accumulated 856,000 ETH (over $3.1 billion), while three whale wallets added 63,837 ETH (~$236 million) via OTC trades. Cumulative inflows into spot Ethereum ETFs since launch stand at $9.02 billion, driven by a 20-day July streak that attracted $5.4 billion. These mixed signals underscore short-term pressure from net outflows but reflect sustained long-term confidence in Ethereum’s fundamentals.

Nasdaq-listed Verb Technology has completed a $558 million private placement to acquire Toncoin (TON) as a treasury asset. More than 110 institutional and crypto-native investors, including Blockchain.com, Kraken, Pantera, Ribbit Capital and Animoca, joined the round. Verb plans to rebrand as TON Strategy Co. on August 7, 2025, and will hold 77% of its Toncoin reserves for dip buying, liquidity support and volatility buffering. The deal removes about 5% of TON’s circulating supply, triggering a supply shock that could drive a price rally. On-chain data shows TON trading above its 20-day moving average and near the lower Bollinger Band, with Fibonacci extension targets at $3.90 and $4.20. A break above $4.50 may spark further momentum. Traders may see short-term consolidation between $3.30 and $3.55, with dips near $3.20 as buying opportunities. In the long term, treasury staking yields and Telegram integration could establish a higher price floor, positioning Toncoin as an institutional-grade crypto asset.

Satoshi Nakamoto statue in Lugano’s Parco Ciani was attacked overnight, as vandals used angle grinders to sever its welded base and dumped the bronze figure into Lake Lugano. Police cordoned off the scene, and evidence at the site pointed to industrial cutting tools. Satoshigallery has offered a 0.1 BTC reward for tips leading to the statue’s recovery. Divers from the local municipality retrieved the broken statue from the lake. Satoshigallery confirmed the bronze piece is secure and has outlined plans to restore the public artwork. City authorities will tighten security after tourist foot traffic dipped following the incident. This statue theft is the first major vandalism of the “Disappearing Satoshi” campaign, which has installed 21 Satoshi Nakamoto statues worldwide to symbolize Bitcoin’s 21 million supply cap. Satoshigallery remains committed to casting replicas in new locations.

CFTC and SEC have launched a joint ’crypto sprint’ to implement the White House’s crypto regulation recommendations. Acting CFTC Chair Caroline Pham will work with SEC leaders to execute 18 proposals from the President’s Working Group on Digital Assets. Two plans focus on CFTC actions: issuing guidance to classify cryptocurrencies as commodities and updating rules for blockchain-based derivatives. The remaining measures call for joint rule-making, a regulatory sandbox, and clearer jurisdiction over spot markets for non-security tokens. Pham’s team has met industry stakeholders, withdrawn outdated guidance, and sought feedback on 24/7 derivatives trading and perpetual contracts. Brian Quintenz is pending Senate confirmation as CFTC Chair. The initiative aims to improve crypto regulation, foster DeFi innovation, and strengthen the U.S. as a global crypto hub. Traders can expect clearer rules, greater market stability, and new opportunities in digital asset trading.

South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) will introduce new crypto lending guidelines in August to tighten oversight of leveraged lending. A joint task force, including regulators and the Digital Asset eXchange Alliance, will set leverage limits, define eligible users and assets, and mandate risk disclosures and transparency requirements. The new crypto lending rules address high-risk borrowing services on major exchanges like Bithumb and Upbit, which offer up to 4x collateral loans or 80% asset-value loans. Exchanges must review and adjust high-leverage products ahead of the second phase of the country’s virtual asset regulation. These crypto regulations draw on global best practices to curb speculation, enhance market stability, and strengthen investor protection. Meanwhile, the Bank of Korea is forming a Virtual Asset Team to advance CBDC, stablecoin, and broader crypto asset oversight.

Since its CoinMarketCap listing, Ruvi AI’s presale has raised over $2.6 million by selling 205 million RUVI tokens to more than 2,500 holders. Whales have snapped up 70% of Phase 2 at $0.015 each. The project combines blockchain and AI to deliver real-world utility, including AI-driven marketing tools, instant on-chain payouts and audience analytics. A CyberScope audit confirms its secure smart contracts. Phase 2 tokens remain at $0.015, with planned increases to $0.02 in Phase 3 and $0.07 at presale end, implying up to 5× short-term returns. Analysts forecast a $1 price post-exchange listing for a potential 66× ROI. VIP investment tiers reward large stakes with up to 100% bonus tokens. Purchases are streamlined via WEEX Exchange, lowering entry barriers. Strong presale metrics, whale activity and institutional interest signal bullish prospects for traders eyeing early entry.

NFT sales surged 47.6% month-on-month to $574 million in July, making it the second-highest monthly total of 2025. Driven by a 62% Ethereum rally to $3,900, the average sale price climbed to $113.08, a six-month high. Total trades fell 9% to 5 million, while unique buyers dropped 17% to 713,000 and unique sellers rose 9% to 405,000, indicating market consolidation around premium assets. NFT market capitalization jumped 21% to $8 billion. Top collections by volume included CryptoPunks ($69.2 million), Pudgy Penguins ($55.5 million) and Polygon’s Courtyard ($23.8 million), with Pudgy Penguins’ floor price up 65.4%. Meanwhile, NFT lending volumes collapsed 97% from $1 billion in January 2024 to $50 million in May 2025 as major platforms shut down. Traders should watch NFT market momentum and Ethereum price action for short-term opportunities and long-term asset consolidation trends.

The US Securities and Exchange Commission has delayed its decision on the Trump-backed Truth Social Bitcoin ETF to September 18, pushed Grayscale’s Solana Trust approval to October 10 and extended a proposed Litecoin ETF review into later October. The extensions give the SEC more time for detailed compliance checks, market impact assessments and to address ongoing litigation. Commissioner Hester Peirce warned that ETF approvals may slow amid regulatory uncertainty. If approved, the Truth Social Bitcoin ETF would become the first crypto exchange-traded fund linked to a sitting US president, raising ethical concerns from Senators Elizabeth Warren and Jeff Merkley. Meanwhile, former President Trump signed the GENIUS Act to regulate stablecoins and directed Fannie Mae and Freddie Mac to accept unconverted crypto as mortgage collateral. Traders should monitor how these ETF delays affect market sentiment, potential inflows and trading volumes as the SEC balances innovation with investor protection.

Ethereum ETF inflows topped Bitcoin ETFs over six trading days, drawing $2.39B versus $827M. BlackRock’s ETHA led with $1.79B (75%), and Fidelity’s FETH set a $210M single-day record. Meanwhile, Bitcoin ETFs saw a $131M outflow, ending a 12-day inflow streak. Institutional demand strengthened as BitMine Immersion Technologies added $2B in ETH, lifting corporate holdings to 2.31M ETH (~1.9% of supply). On-chain data and technical analysis reinforce the bullish case. Bitcoin formed a falling wedge targeting $134,106 (+16%), while Ethereum traces a descending triangle aiming at $4,832 (+33%). Analysts at Swissblock expect Ethereum ETF inflows to maintain momentum into the next market phase. Michael Novogratz forecasts ETH will outperform BTC and hit $4,000 soon. These robust Ethereum ETF inflows, combined with institutional adoption and positive technicals, underscore a bullish outlook for ETH trading.

Tether USDT expansion accelerates after the U.S. GENIUS Act establishes a federal licensing framework for stablecoin issuers. CEO Paolo Ardoino confirms the firm will introduce a regulated USDT stablecoin tailored for institutional payments, interbank settlements, and trading, reinforcing its growth strategy in both the U.S. and emerging markets. Tether USDT expansion efforts will focus on maintaining private ownership and rigorous regulatory compliance, including enhanced disclosures, reserve audits, and anti-money laundering standards. The initiative heightens competition with major banks—Bank of America, Citigroup and Wells Fargo—planning their own stablecoins. Tether underscores its technological edge and market expertise. To ensure audit readiness, it appointed Simon McWilliams as CFO, aiming to secure a Big Four audit before broadening its U.S. stablecoin services.

The U.S. Bankruptcy Court has approved a major update to the FTX creditor distribution plan, reducing the disputed claims reserve from $6.5 billion to $4.3 billion and unlocking $1.9 billion for payouts. Under the revised reorganization plan, the next FTX creditor distribution is set to begin on September 30, 2025, with an August 15 record date for Class 5 customer entitlements, Class 6 general unsecured claims and select convenience claims. Distributions will be handled by BitGo, Kraken and Payoneer. Claimants must complete KYC verification, submit tax forms and register before the deadline to secure funds. This release follows the confirmed plan to repay up to $16.5 billion in principal plus 9% interest. Some creditors in China and Russia continue to challenge valuation methods that use November 2022 crypto prices instead of current market values. These developments mark a key step in the FTX bankruptcy proceedings, improving transparency, accelerating crypto recovery for users and reducing uncertainty for stakeholders.