The FTX estate is set to release approximately $600 million to creditors on July 31, 2026. If you had funds on FTX when it collapsed in November 2022 and filed a valid claim, this distribution could include you — but only if your account setup is complete.
This checklist covers every step you should verify before July 31. It takes about 10 minutes to run through.
Before You Start: Who Is Eligible?
To receive the July 31 payout, you must meet all of the following:
- You filed a valid proof of claim with the FTX estate (through the Kroll claims portal)
- Your claim has been allowed — meaning it was verified and accepted by the court
- You completed all pre-distribution requirements — KYC, tax forms, and payout provider onboarding — by the June 16, 2026 record date
- You are not in one of the restricted jurisdictions (see below)
If you missed the June 16 record date, you will not receive the July 31 distribution, but your claim remains valid for future rounds. See our guide on what to do if you missed the FTX deadline.
The July 31 Checklist
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1. Confirm your claim status on the Kroll portal Go to claims.ftx.com and log in to the Kroll Distribution Portal. Your claim should show as "Allowed." If it shows "Disputed," "Pending," or has no status, contact Kroll before July 31.
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2. Verify your payout provider is connected The FTX estate distributes through three approved providers: BitGo, Kraken, and Payoneer. You must have onboarded with at least one by the June 16 record date. Check that your account is active and your bank or wallet is linked.
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3. Confirm KYC is complete and approved Identity verification must be fully approved — not pending. Log into your payout provider (BitGo, Kraken, or Payoneer) and check your KYC status. A pending verification can delay or block your payout.
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4. Confirm your tax form has been submitted The FTX estate requires a completed tax form (W-9 for US creditors, W-8BEN for international). This is submitted through the Kroll portal. Check your portal account to confirm it is on file.
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5. Check you are not in a restricted jurisdiction As of 2025, FTX withdrew its restricted jurisdiction motion for most countries, making the majority of creditors eligible. However, some jurisdictions — including China, Egypt, and Russia — may still be subject to restrictions. Check your country's status on the Kroll portal.
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6. Make sure your payout account is in a supported country Even if you are personally eligible, your bank or exchange account must be in a country supported by your chosen payout provider. Payoneer has broader geographic coverage than BitGo and Kraken for creditors in less common jurisdictions.
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7. Note the 6-month collection window Once a distribution is issued to your payout provider, you have 6 months to actually withdraw or collect it. If you do not collect within that window, the funds may revert to the estate. Set a reminder.
What Actually Happens on July 31?
On July 31, the FTX Debtors' estate will initiate transfers to the three approved payout providers — BitGo, Kraken, and Payoneer. Each provider then credits the individual accounts of eligible creditors on their platform.
The transfer to your account may not appear on exactly July 31. Depending on your provider and your account type, it can take a few business days for the funds to show up in your individual account after the estate releases them. This is normal.
Good to know: Distributions are not automatic notifications. You will need to log into your payout provider account to see the credited amount. Some providers send email notifications; others do not. Check your account directly around July 31.
What Is the $600 Million From?
The FTX estate filed an amended notice with the US Bankruptcy Court to reduce its disputed claims reserve by approximately $600 million — from $2.4 billion down to $1.8 billion. Once disputed claims are resolved, that reserved cash becomes available for distribution to verified creditors.
This is the 5th major distribution round. Previous rounds have distributed over $9 billion in total to FTX creditors. The distributions are paid at 100 cents on the dollar based on November 2022 claim values, plus post-petition interest.
The Scam Warning: Stay on Official Channels Only
Do not click links from emails, Telegram messages, or social media posts claiming to be from FTX, Kroll, BitGo, or Kraken. Phishing attacks targeting FTX creditors have been widespread. Always navigate directly to claims.ftx.com or your payout provider's official website. The FTX estate will never ask for your private key or seed phrase.
What If My Claim Still Shows as Disputed?
If your claim shows as "Disputed" on the Kroll portal, you will not receive a payment on July 31. Disputed claims are held in reserve until they are resolved by the court or through negotiation with the FTX estate.
Options for disputed claims include:
- Contact the Kroll claims team directly through the portal to understand why it's disputed
- Consult a bankruptcy attorney if the amount is significant
- Monitor the portal — many disputes are resolved over time as the estate processes them
Key Links and Resources
- Kroll claims portal: claims.ftx.com
- BitGo: go.bitgo.com/ftx
- Kraken: kraken.com/ftx
- Payoneer: payoneer.com/ftx
- FTX official updates: ftx.com
Check Your FTX Claim Status
Need help understanding your claim, payout providers, or what to do if you're in a restricted country?
FTX Claim Guide →