
FTX to Pay Creditors Another $900 Million: Here’s Who Gets the Money
Meanwhile, FTX's ex-CEO requested a pardon but it was unanimously rejected by the US Senate.

Meanwhile, FTX's ex-CEO requested a pardon but it was unanimously rejected by the US Senate.

The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.
FTX's fifth distribution pays creditors $900 million on July 31. Most now get back more than 100% of their claim.
FTX has scheduled its fifth creditor distribution for 31 July, with approximately $900 million set to be paid as cumulative distributions for several creditor classes rise above 100%.

FTX has scheduled its fifth creditor distribution for July 31, preparing to return nearly $900 million as founder Sam Bankman-Fried’s efforts to secure clemency face political resistance. According to an FTX press release, the bankrupt exchange will distribute funds to…

Polymarket routes operations through a Panamanian shell entity with ties to FTX's legal infrastructure, raising transparency concerns amid an ongoing FBI

So far the company's bankruptcy estate has distributed nearly $10 billion to creditors and other claimants since repayments began in 2025.

FTX will begin its fifth creditor distribution on July 31, with eligible customers receiving payments through BitGo, Kraken or Payoneer.

The US government deposited roughly 4,820 ETH worth about $9.29 million into Coinbase Prime from FTX and Alameda Research-linked wallets.

The U.S. Senate unanimously approved S.Res. 772, a bipartisan resolution opposing any presidential pardon or commutation for former FTX CEO Sam Bankman-Fried, reinforcing Senate support for financial accountability as his clemency petition remains pending. Senate Unanimously Opposes Clemency for Bankman-Fried The U.S. Senate on July 15 unanimously approved S.Res. 772, a bipartisan resolution declaring that […]

President Donald Trump has convened key Republican senators at the White House as Ripple warned that rejecting the CLARITY Act would preserve regulatory gaps linked to the FTX collapse. According to Politico, Trump is scheduled to meet several Republican senators…

Bitcoin Magazine Senate Unanimously Votes That Sam Bankman-Fried Should Never Get a Pardon The Senate unanimously approved a nonbinding resolution declaring that former FTX CEO Sam Bankman-Fried should "under no circumstances" receive a presidential pardon or commutation. This post Senate Unanimously Votes That Sam Bankman-Fried Should Never Get a Pardon first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
US authorities retained just 15% of seized Shiba Inu's value, CZ named Bitcoin the true inflation hedge over AI, and whales added 70 million XRP this week.

The Senate approved a resolution opposing clemency for former FTX CEO Sam Bankman-Fried as prediction markets put the odds of a Trump pardon by July 31 below 1%.

The U.S. Senate unanimously approved a resolution opposing a presidential pardon or commutation for convicted FTX founder Sam Bankman-Fried.

The nonbinding resolution said the disgraced FTX founder should 'under no circumstances' receive clemency.

U.S. Senate unanimously opposes clemency for FTX founder Sam Bankman-Fried as his pardon bid remains active after losing his appeal.


Ripple executives are pressing senators to support the CLARITY Act, arguing that rejecting the digital asset legislation would preserve regulatory gaps that leave consumers vulnerable to misconduct, uncertainty, and risks similar to those exposed by the FTX collapse. Ripple Urges Senate to Treat CLARITY Act Vote as a Consumer Protection Decision Ripple’s global co-head of […]

The US government's strategic crypto asset management highlights ongoing regulatory influence and potential market stabilization impacts.