FTX Recovery Trust to Distribute Additional $1.6B to Creditors

The FTX Recovery Trust is preparing a third round of distributions to creditors, totaling $1.6 billion, as it continues efforts to return funds tied to the collapsed crypto ￰0￱ Takeaways: The FTX Recovery Trust will distribute $1.6 billion to creditors on September 30, bringing total payouts to $7.8 ￰1￱ customer claims will receive 40%, while convenience claims are set for a 120% reimbursement in this latest ￰2￱ over $16 billion in recoverable assets, how remaining funds are handled could impact crypto market sentiment and future investor ￰3￱ latest tranche is scheduled for September 30 , with payouts expected to reach recipients within three business ￰4￱ Recovery Trust Details Payout Breakdown in $1.6B Distribution The round includes varied percentages depending on the type of ￰5￱ Entitlement Claims will receive 40%, General Unsecured and Digital Asset Loan Claims get 24%, and Dotcom Customer Claims are set for a 6% ￰6￱ claims, meanwhile, will receive a 120% payout in this ￰7￱ trust has already disbursed $6.2 billion across two prior rounds, $1.2 billion in February and $5 billion in May—bringing total recoveries to nearly half of the $16.5 billion earmarked for victims of the exchange’s collapse.

FTX’s downfall in November 2022 marked one of the most dramatic failures in crypto history, triggering a chain reaction that intensified the ongoing market ￰8￱ exchange’s former CEO, Sam Bankman-Fried, was convicted on seven counts, including fraud and money ￰9￱ March 2024, he was sentenced to 25 years in prison. BREAKING: FTX TO DISTRIBUTE $1.6 BILLION TO CREDITORS ON SEPTEMBER ￰10￱ LIQUIDITY COMING ￰11￱ — Ash Crypto (@Ashcryptoreal) September 19, 2025 While the criminal case closed one chapter, legal battles continue. Bankman-Fried’s legal team is expected to appeal his conviction this November, arguing procedural flaws and asserting that FTX was never ￰12￱ and market participants remain watchful of the trust’s activities, as large inflows of recovered funds could affect market sentiment and liquidity in the short ￰13￱ over $16 billion on the table, how the rest is returned could shape both the reputations of key players and the future of crypto investor protections. 3AC Targets FTX Execs Over $1.5B Liquidation in New Subpoenas The liquidators of collapsed hedge fund Three Arrows Capital (3AC) have subpoenaed former FTX CEO Sam Bankman-Fried , ex-Alameda CEO Caroline Ellison, and FTX executive Ryne ￰14￱ move follows allegations that over $1.5 billion in 3AC assets were liquidated unlawfully by FTX-linked entities.

Bankman-Fried’s deposition is scheduled for October 14, 2025, at Terminal Island prison, where he is currently serving time. 3AC co-founder Zhu Su claims Bankman-Fried executed unauthorized liquidations that contributed to 3AC’s ￰15￱ also accuses Salame of using insider knowledge to front-run trades and pocket over $1 billion in profits before FTX’s ￰16￱ is expected to be questioned regarding Alameda’s trading strategies that may have played a role in the alleged ￰17￱ reported, FTX and Alameda have also withdrawn approximately 192,000 Solana (SOL) tokens, worth around $44.9 million, from ￰18￱ move follows a consistent pattern observed over the past year, with the estate redeeming Solana assets on a near-monthly ￰19￱ November 2023, FTX and Alameda have unstaked and transferred nearly 9 million SOL, valued at $1.2 billion, averaging $134 per token.