FTX pays out again on July 31 About $900M in the fifth distribution. Dotcom customers take an incremental 9%, US customers 5%, general unsecured and digital asset loan claims 3% each. Convenience claims reach 120% cumulatively. Dotcom and US customers now cross 105% cumulative. More than whole, on paper. Paper is the catch. Claims are struck in November 2022 dollars, when bitcoin:native sat near $16,000. It's around $64K today.

Before FTX collapsed, SBF built a venture portfolio packed with winners—from AI to fintech. Today, those bets could be worth over $100 billion. Instead, investors—not him—will cash in. (Photo: Michael M. Santiago/Getty Images)

LATEST: ⚡ FTX plans to distribute roughly $900M to creditors in its fifth payout round, with eligible recipients set to receive funds within three business days starting July 31.

🚨 JUST IN: FTX will distribute approximately $900 million in additional creditor payouts by the end of the month, with eligible Chapter 11 claimants expected to receive payments within three business days.

🚨A16Z: CLARITY ACT COULD’VE STOPPED FTX! @a16zcrypto's Managing Partner @cdixon says the Clarity would have blocked FTX. There’s currently no federal regulator for crypto exchanges. The bill would give the SEC and CFTC oversight, mandate real audits, anti-fraud rules, and customer asset segregation. FTX moved customer money with no proper audits. Under Clarity, any exchange that failed those standards couldn’t operate in the U.S.