Woofun AI reports that the FTX Recovery Trust will commence its fifth round of creditor distributions on July 31, disbursing approximately $900 million to holders of Convenience Class and other claims. Eligible creditors may access funds within one to three business days through BitGo, Kraken, or Payoneer accounts.

Under the reorganization plan, Convenience Class claims under $50,000 receive a 120% payout, while other claims receive between 103% and 105%. Since filing for bankruptcy in November 2022, the trust has distributed roughly $10 billion. Former CEO Sam Bankman-Fried’s appeal against his 25-year sentence was dismissed last month.