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| FTX Creditors Have 48 Hours — What Happens If You Miss the July 31 DeadlineCryptoAndMoneySearch.com explains what FTX creditors who missed the June 16 record date can still do ahead of Thursday's $900M payout
By: MoneyFinder Team CryptoAndMoneySearch.com, a free tool helping individuals locate unclaimed money and cryptocurrency across 40+ countries, has published a guide explaining what FTX creditors can still do now. Available free at https://cryptoandmoneysearch.com/ WHAT HAPPENS IF YOU MISSED THE JUNE 16 RECORD DATE The June 16 date was the cutoff for the fifth distribution only. Creditors who missed it will not receive payment on July 31 — but their claim is not forfeited. FTX's estate holds an estimated $4–6 billion in remaining assets after this distribution, with further payouts planned. FIVE STEPS TO COMPLETE NOW AT CLAIMS.FTX.COM 1. KYC verification — confirm your status shows "Verified" 2. Tax form submission — W-9 (US) or W-8BEN (international) 3. Distribution provider onboarding — BitGo, Kraken, or Payoneer, Step 8 4. Resolve any compliance flags shown on your portal 5. Confirm your claim class — Convenience Class ($50,000 or less) or Non-Convenience Class Completing these steps now positions creditors for subsequent distributions. RECOVERY RATES Convenience Class creditors (claims of $50,000 or less) will recover 120% of their allowed claim value, based on November 11, 2022 petition-date prices. Dotcom and US customer claims reach 105%. General unsecured creditors reach 103%. Approximately $10 billion has been distributed across five rounds, with $4–6 billion still to come. Full guide: https://cryptoandmoneysearch.com/ ABOUT CRYPTOANDMONEYSEARCH.COM CryptoAndMoneySearch.com is a free public tool helping individuals worldwide find unclaimed money and lost cryptocurrency assets. The platform covers 40+ official databases across 30+ countries. No data is stored. No signup required. End
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