Good news if you’re one of the people still waiting on FTX refunds: roughly $4.3 billion is scheduled to be handed out on September 30, 2025.
This round is possible because the Bankruptcy Court and the FTX Recovery Trust trimmed a large number of disputed claims — they shaved the approved-claims reserve by $1.9 billion and cut nearly $2 billion in disputed claims. That trimming leaves about $4.3 billion in disputes that have been resolved and are ready for distribution.
Important dates and who’s eligible
- Record date: The trust set August 15, 2025 as the record date. Only claimants who had an “allowed” claim status as of this date will be eligible for the September 30, 2025 payout.
- If your claim is still unverified or marked as pending dispute, you’ll be put on a waiting list and will not get paid in this round.
Who gets paid this time
- Holders of Class 5 (Customer Entitlement) claims
- Holders of Class 6 (General Unsecured) claims
- Any outstanding Convenience claims
Do these things now (don’t sleep on it)
- Check your claim status immediately. Creditor advocate Sunil urged users to confirm their status and make sure any needed paperwork is in.
- Complete pre-distribution KYC checks (identity verification) — if you don’t, you’ll be skipped.
- Register with one of the approved payout platforms: BitGo, Kraken, or Payoneer. If you don’t register, you won’t get paid.
- Submit any required tax documents. If those weren’t filed by the record date (August 15, 2025), you’ll be ineligible for this distribution.
“Confirm your status and make sure any needed paperwork is in,” — creditor advocate Sunil.
A quick, real-world note: I remember helping a friend through a similar payout years back — we almost missed a deadline because of one missing form. It’s annoying, but these processes are strict. A couple of minutes to check your status and upload documents now could mean you get paid on September 30, 2025 instead of waiting months longer.
Bottom line: If you’re owed money from FTX, don’t assume it’ll happen automatically. Verify your claim, complete the KYC, register with an approved provider, and file your tax paperwork. That’s the clearest way to make sure you’re in line for the September distribution.
