# FTX Announces Fifth Payout Round: Compensation Exceeds $10 Billion Crypto exchange FTX is launching a new $900 million payout round. - **Source:** [INCRYPTED](https://brifing.si/source/7cd4625d-3f08-4cc1-983d-4c7d991839ba) - **Published:** 2026-07-20 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/dccf878d-4b08-41d5-965f-476313f6f5bd ## FTX's Compensation Process Following its bankruptcy, FTX is making compensation payments to creditors. The fifth payout round will begin on July 31, 2026, distributing approximately $900 million. Total compensation has now exceeded $10 billion. Payments are calculated based on cryptocurrency values at the time of bankruptcy in November 2023. ## Details of the Payment Plan FTX's compensation plan was approved by the court in October 2024. Total claims amount to $16-$17 billion. Customers receive cash compensation based on crypto asset values at the time of bankruptcy. This approach creates varying outcomes for different customers due to cryptocurrency market fluctuations. ## Previous Payout Rounds FTX has conducted four payout rounds so far. The first round in February 2025 addressed small claims under $50,000 with 119% compensation. The second round distributed $5 billion. The third and fourth rounds paid out $1.6 billion and $2.2 billion respectively, each focusing on different creditor groups. ## Features of the Fifth Round The fifth round will compensate both large and small creditors, with small creditors representing about 9% of the total payout. Compensation rates will be 120% for small creditors and 105% for large ones. Creditors must complete account verification to receive payments. ## Actual Compensation Rates While FTX mentions compensation rates up to 120%, creditor Sunil Kavuri reports actual rates between 9%-46%. This discrepancy stems from cryptocurrency value increases since the bankruptcy. Kavuri argues FTX's calculations don't reflect current market conditions. ## Significance of the Process FTX's compensation process sets an important precedent for customer protection in crypto industry bankruptcies. Its transparency and fairness will serve as a reference for future cases. Additionally, it may prompt crypto exchanges to reevaluate their risk management practices. ## Sources covering this story - https://incrypted.com/ftx-anonsyrovala-pjatyj-raund-vyplat-obem-kompensatsyj-prevysyl-10-mlrd/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._