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What crypto's failed firms have paid back

As CryptoKeyhole last checked the administrators' notices, on 8 Nov 2026: FTX's recovery trust has made five distributions, the latest about $900 million on 31 Jul 2026, taking its customers to 105% of their claims; Celsius had paid out $3.10 billion, 97.7% of what was eligible, by 31 Oct 2025 and began a fourth distribution in February 2026; Genesis paid about $4 billion when its plan took effect on 2 Aug 2024; and Mt. Gox's trustee has moved the deadline for its remaining repayments to 31 Oct 2027.

FTX, Celsius, Genesis and Mt.

Checked by hand against each administrator's notices; newer notices flagged daily. Last update 8 November 2026, 23:28 UTC

Where each estate stands

Checked against each administrator's own notices on 8 Nov 2026. Amounts are as each administrator stated them.

FTXFTX Recovery Trust · Chapter 11, Delaware · filed 11 Nov 2022

Paid back105%of customer claims, overseas and US; 103% of general unsecured claims; 120% of the smallest
Latest31 Jul 2026The fifth distribution, about $900 million
NextNot announced yetEach record date so far came six to seven weeks before its payment

CelsiusPlan Administrator · Chapter 11, New York · filed 13 Jul 2022

Paid backabout 72.1%of each eligible claim's value at the petition date, after the fourth distribution
LatestFebruary 2026The fourth distribution, about $344.4 million
NextAs more is recoveredBy 31 Oct 2025 it had paid out $3.10 billion, 97.7% of what was then eligible

GenesisPlan administrator · Chapter 11, New York · filed 19 Jan 2023

Paid backabout $4 billionon 2 Aug 2024, in kind and in dollars, after about $2.2 billion to Gemini Earn users
Latest2 Aug 2024Dollar claims 100%; bitcoin claims 51% in kind, ether 66%
NextAbout $200 millionto altcoin creditors, then more as claims and litigation resolve

Mt. GoxRehabilitation trustee · Tokyo District Court · bankrupt Feb 2014

Paid backLargely doneThe base, early lump-sum and intermediate repayments, by October 2024
Latest16 Oct 2026The trustee moved the deadline again
Next31 Oct 2027The deadline for the rest of the repayments

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How much of each claim has come back

Each bar is one class of claim, on one scale to 120% of the claim. Every step of ink is one distribution, darkest first; the gold line is a claim repaid in full at its value on the day the firm went bankrupt. FTX's customers passed it with the fifth distribution on 31 Jul 2026; Celsius creditors are at about seven tenths of theirs.

  1. FTX · Overseas customersDotcom customer entitlement claims105%30 May 2025 72%30 Sep 2025 78%31 Mar 2026 96%31 Jul 2026 105%
  2. FTX · US customersU.S. customer entitlement claims105%30 May 2025 54%30 Sep 2025 95%31 Mar 2026 100%31 Jul 2026 105%
  3. FTX · Unsecured and loansGeneral unsecured and digital asset loan claims (6A and 6B)103%30 May 2025 61%30 Sep 2025 85%31 Mar 2026 100%31 Jul 2026 103%
  4. FTX · Convenience classesSmaller claims, paid first120%by 30 May 2025 120%
  5. Celsius · Eligible creditorsEarn, borrower, withheld and unsecured claims72.1%31 Jan 2024 57.65%21 Nov 2024 60.4%19 Aug 2025 64.9%from February 2026 72.1%
  6. Genesis · Dollar claimsBitcoin and ether claims were paid in kind100%2 Aug 2024 100%

FTX: five distributions

FTX's plan took effect on 3 Jan 2025, and the FTX Recovery Trust pays creditors in US dollars through BitGo, Kraken or Payoneer. A creditor is paid in a distribution only after logging in, passing identity checks, filing tax forms and choosing one of those providers before its record date. The four distributions the trust put a size on come to more than $9.7 billion; its releases give each class's share as a cumulative percentage.

DistributionRecord datePaid fromSizeOverseas customersUS customersUnsecured and loansTrust release
FirstConvenience classes only–18 Feb 2025Not stated–––18 Feb 2025
Second11 Apr 202530 May 2025more than $5 billion72%54%61%15 May 2025
Third15 Aug 202530 Sep 2025about $1.6 billion78%95%85%19 Sep 2025
Fourth14 Feb 202631 Mar 2026about $2.2 billion96%100%100%18 Mar 2026
Fifth16 Jun 202631 Jul 2026about $900 million105%105%103%17 Jul 2026

Record dates from the trust's releases of 18 Feb 2025, 23 Jul 2025, 13 Jan 2026, 26 May 2026. Percentages may differ slightly due to rounding, as the trust says.

Celsius: four distributions

Celsius's plan took effect on 31 Jan 2024. Its Plan Administrator pays eligible creditors in bitcoin or US dollars and files a report on distributions every quarter. By 31 Oct 2025 about $3.10 billion of the $3.17 billion then eligible had reached creditors, 97.7% (Plan Administrator's sixth status report, 5 Dec 2025). Later amounts come from what the litigation administrators recover, such as the settlement with Tether.

DistributionPaidSizeRepaid so farSource
InitialPaid from the day the plan took effect, at a recovery rate of 57.65%From 31 Jan 2024over $3 billion in crypto57.65%Celsius, 31 Jan 2024 Help page, the rate
SecondFrom the litigation recovery account, in bitcoin or US dollarsOn or around 21 Nov 2024$127.0 millionabout 60.4%Help page, second distribution
ThirdIn bitcoin or US dollarsOn or around 19 Aug 2025$220.6 millionabout 64.9%*Help page, third distribution
FourthIncluding about $257.1 million from the settlement with Tether; expected to be the last paid in bitcoinFrom February 2026about $344.4 millionabout 72.1%Notice, 22 Jan 2026

* 72.1% after the fourth distribution less the 7.2% the Plan Administrator says the fourth adds, both from its notice of 22 Jan 2026.

Genesis: paid when its plan took effect

  • About $2.2 billion went to Gemini Earn users in May and June 2024, before the plan took effect.
  • On 2 Aug 2024 Genesis distributed about $4 billion in digital assets and US dollars. Bitcoin creditors got 51% of their coins back in kind, worth 166% of their claim's dollar value at the petition date; ether creditors 66% in kind, worth 153%; dollar creditors 100%.
  • About $200 million was to follow for creditors owed other coins, and further distributions depend on what the estate recovers, how the remaining claims are settled and its litigation.

Source: Debtors' counsel, 26 Aug 2024. Its plan administrator's notices are on its claims agent's site, which we can't read automatically, so later distributions are not shown here.

Mt. Gox: the repayments and the deadline

Mt. Gox went bankrupt in February 2014 and has been in civil rehabilitation since 2018. Its trustee repays creditors in bitcoin and bitcoin cash through designated exchanges. Most of it went out in July and August 2024; the deadline for the rest has been moved a year at a time since.

  1. Repayments in bitcoin and bitcoin cash will start from the beginning of July 2024, exchange by exchange. Trustee's notice

  2. First repayments in bitcoin and bitcoin cash, through some of the designated exchanges. Trustee's notice

  3. The base, early lump-sum and intermediate repayments are largely done for creditors who completed the steps; the deadline moves from 31 Oct 2024 to 31 Oct 2025. Trustee's notice

  4. The deadline moves to 31 Oct 2026. Trustee's notice

  5. The deadline moves to 31 Oct 2027. Trustee's notice

How we keep it

  • Every figure comes from the estate's own administrator: the FTX Recovery Trust's releases, the Celsius Plan Administrator's notices, reports and help pages, and the Mt. Gox trustee's notices. For Genesis we use the figures its counsel published, as its administrator's site refuses automated reading.
  • We check the tables against new notices by hand. Once a day we also read the FTX trust's newsroom and the Mt. Gox trustee's list of notices, and flag at the top of this page any notice newer than the tables.
  • Amounts are as stated, in US dollars, never revalued. Percentages are of each claim's value at the petition date, as each plan measures them.
  • No balances on chain: none of the administrators publishes the addresses it pays from, and we don't use other firms' guesses at estate wallets.

The schedules as data: /api/v1/repayments (free, no key, CC BY 4.0).

Questions

When is the next FTX distribution?

The FTX Recovery Trust has not announced one since its fifth distribution on 31 Jul 2026, as of 8 Nov 2026. Each of its record dates so far came six to seven weeks before the payment, and it announces both in a press release.

How much have FTX creditors got back?

After the fifth distribution on 31 Jul 2026, 105% of their claims for customers of the international and US exchanges, 103% for general unsecured and digital asset loan claims, and 120% for the convenience classes, which hold the smallest claims.

Is Celsius still paying creditors?

Yes. Its fourth distribution, about $344.4 million, began in February 2026 and takes eligible creditors to about 72.1% of their claims. Payments that don't go through are tried again about once a quarter.

When will Mt. Gox repayments finish?

The trustee's deadline for the remaining base, early lump-sum and intermediate repayments is now 31 Oct 2027, moved from 31 Oct 2026 by its notice of 16 Oct 2026. Most creditors who completed the steps were repaid in 2024.

Did Genesis pay creditors in bitcoin?

Yes, in kind: on 2 Aug 2024 bitcoin creditors got back 51% of their coins and ether creditors 66% of theirs, which was more than their claims were worth in dollars when Genesis filed, because prices had risen.

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Compiled by CryptoKeyhole from the administrators' notices cited; check your own claim with the administrator. Nothing here is legal or investment advice.