The FTX bankruptcy estate has successfully distributed approximately $7.1 billion to creditors across three payment rounds, marking a remarkable recovery from one of cryptocurrency's most high-profile collapses. According to creditor representative Sunil, the exchange paid out $454 million on February 18, $5 billion on May 30, and $1.6 billion on September 30. Notably, creditors with claims of $50,000 or less received a total refund of 119% including interest, far exceeding typical bankruptcy expectations.
FTX's total assets are now estimated between $16 billion and $17 billion, with the next distribution scheduled for January 2026. The exchange has partnered with payment providers like BitGo, Kraken, and Payoneer to manage the disbursements. In related developments, former CEO Sam Bankman-Fried (SBF) claimed that FTX never actually went bankrupt, asserting that customer deposits remained on the platform and a liquidity crisis was nearing resolution before legal intervention.
SBF shared data indicating FTX's asset value surged from $14.6 billion in 2022 to $136 billion currently, driven by holdings such as $14.3 billion in Anthropic and $7.6 billion in Robinhood stock. Cryptocurrency assets include approximately $12.4 billion in Solana (SOL), $2.3 billion in Bitcoin (BTC), and $2.9 billion in Sui (SUI), alongside smaller amounts of Ethereum, XRP, and FTT.
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