Overview
FTX collapse lawsuits combine Chapter 11 bankruptcy (D. Del.), consolidated customer actions (MDL 3076, S.D. Fla.) and criminal prosecutions (S.D.N.Y.). Founder Sam Bankman-Fried was convicted of fraud in November 2023 and sentenced to 25 years in March 2024 (per court records). The Chapter 11 estate has been distributing funds to creditors: through July 2026 four completed distributions returned more than $10 billion, with a fifth distribution of about $900 million announced for July 31, 2026 (per FTX announcements). The case is a landmark of the crypto-industry crisis; we track the public record only.
Status of the science / claims: Financial fraud/bankruptcy, not a tort: the proceedings concern the collapse of the FTX exchange, criminal fraud convictions and a Chapter 11 creditor recovery process (per court records).
Key people
Companies involved
Settlement amounts
Chapter 11 distributions as of July 2026: more than $10 billion across four completed distributions, with a fifth of about $900 million announced (per FTX announcements). Per-claim recoveries depend on claim classification; no additional amount can be promised.
Key dates
- July 31, 2026Fifth creditor distribution of about $900 million; four prior distributions total over $10 billion (per FTX announcements)
- March 28, 2024Bankman-Fried sentenced to 25 years (per court records)
- November 2, 2023Sam Bankman-Fried convicted of fraud (per court records)
- November 11, 2022FTX Trading files for Chapter 11 after an exchange run (per court records)
Updates
- Updated Jul 31, 2026New case (Sep 2026): FTX Chapter 11/criminal — four completed distributions over $10B; fifth ~$900M announced Jul 31, 2026 (per FTX announcements).
Notable filings
No notable filings recorded yet. Docket entries are added from public court records as they appear.
FAQ
Is FTX paying back customers?
Yes. Through July 2026 the Chapter 11 estate completed four distributions totaling more than $10 billion, with a fifth of about $900 million announced for July 31, 2026 (per FTX announcements).
What happened to Sam Bankman-Fried?
He was convicted of fraud in November 2023 and sentenced to 25 years in prison in March 2024 (per court records).
Can I still file an FTX claim?
The customer claims process is administered by the FTX Recovery Trust; deadlines have closed for most classes (per FTX announcements, 2026). Consult the official claims portal for status.
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