FTX Creditors Receive $7.1B to Date; Asset Pool Estimated at Up to $17B

A representative for FTX’s creditors, identified only as Sunil, said the embattled exchange has completed three major rounds of distributions that together total roughly $7.1 billion, and that the estate’s remaining assets are now estimated at about $16–$17 billion. According to Sunil’s update, the payouts took place on February 18, May 30 and September 30 and covered a mix of small and large claims.

Sunil set out the breakdown in a short thread, noting that the February 18 distribution of about $454 million covered claims under $50,000, the May 30 distribution was about $5 billion and included both the smaller claims (roughly $750 million of that round went to claims under $50,000) and larger claims, and the September 30 distribution was about $1.6 billion split across claims above and below the $50,000 threshold. In total, Sunil wrote, the distributions sum to roughly $7.1 billion and the estate’s total assets sit at “$16bn/$17bn” before any further distributions.

The representative added that while nothing is official yet, the next distribution is expected in January 2026, with a record date for determining eligible claims to be confirmed in December. That timing, if finalized, would continue the phased effort to return value to creditors after FTX’s high-profile collapse and subsequent legal and recovery process.

A Stepped Approach

The payouts described by Sunil show a stepped approach that has prioritized clearing smaller account claims while also making material distributions to larger creditors. The $5 billion disbursement in late May has been the largest single round so far, and the August-to-September activity indicates continued movement toward broader compensation for harmed account holders.

Sunil’s public note is one of the clearest summaries so far from a creditor-side representative about the size and cadence of the estate’s recoveries and distributions. It shows that, even after multiple large payments, a substantial asset pool remains, leaving room for further rounds of distributions as the estate’s administrators resolve claims, confirm record dates and complete the complex legal and accounting work necessary to close out the bankruptcy process.