FTX Creditors: $500M Unlocked After Trust Withdrawal — Who Benefits

FTX creditors won a procedural victory when the FTX Recovery Trust withdrew a motion, unlocking roughly $500 million in claims for investors in restricted jurisdictions.

How did FTX creditors gain from the FTX Recovery Trust withdrawal on FTX restricted jurisdiction claims?

What did the Nov. 3, 2025 filing change?

The Nov. 3, 2025 withdrawal filing removed the Trust FTX Recovery Trust withdrawal request to limit distributions to certain jurisdictions, a move described in contemporaneous reporting. The step a formal FTX Recovery Trust withdrawal cleared procedural obstacles and set administrators on a path to restart payments to previously restricted claimants. Administrators will still complete jurisdictional reviews before cash moves.

Which countries and how much was unlocked?

The action effectively made available about ~$500 million for claimants across 49 countries. Creditors tied to China represent the largest share: roughly 82% of these restricted-region claims, followed by claimants in Russia, Ukraine and Iran. Reconciliation, KYC and remittance checks remain prerequisites to actual payouts.

What comes next for restricted region creditor rights and FTX China creditor claims?

Administrators must now balance compliance, routing and equitable treatment as they convert the withdrawal into payments. For many, the withdrawal restores hope but not an immediate payment date; legal review and operational steps typically add weeks to months before transfers complete.

Tip: affected creditors should monitor official Trust notices and confirm any outstanding documentation with their counsel to preserve eligibility for distributions. The Nov. 3, 2025 withdrawal unlocked ~$500 million, but final resolution depends on administrative reconciliation and continued court supervision in restricted jurisdictions.