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July 21, 2026

Regulation

South Korea says it is coordinating to block unregistered overseas crypto operators

South Korea moves to block illegal overseas crypto operators South Korea’s Financial Services Commission said July 21 it is working with the Korea Communications Standards Commission to block access to unregistered overseas virtual-asset operators, citing money-laundering risks and the need to protect domestic users. The FSC denied the two agencies had delayed reviews or shifted responsibility, after local media reported illegal exchanges were being left unchecked.

Regulation

UK Parliament investigates banks’ treatment of crypto businesses and payment limits

UK Parliament opens inquiry into banks’ treatment of crypto firms A cross-party group of UK lawmakers has launched an inquiry into whether banks have unfairly denied crypto firms access to banking services, closed accounts, or imposed disproportionate limits on crypto-related payments. The review will collect evidence from banks, fintechs and digital asset companies before issuing recommendations to the government, as the UK continues building its digital asset rules.

Regulation

Russia Set for Final Vote on Crypto Trading Rules While Keeping Payment Ban

Russia to vote July 21 on regulated crypto trading framework Russian lawmakers are set to hold a final vote on July 21 on a bill that would legalize regulated cryptocurrency trading under Bank of Russia oversight while keeping crypto banned for domestic payments. The draft would let licensed exchanges, brokers and custodians operate, cap non-qualified investors at 300,000 rubles a year, and expand the use of digital assets for cross-border settlements. If passed, it could take effect on September 1.

Web3

ENS DAO activates two-year Security Council to veto malicious governance proposals

ENS DAO installs new Security Council with veto power over malicious proposals ENS DAO has activated a new eight-member Security Council that can cancel malicious governance proposals during the protocol’s two-day timelock before execution. The council operates as a five-of-eight multisig, cannot move treasury funds or rewrite proposals, and its mandate runs until July 16, 2028. ENS said the backstop is meant for attacks involving stolen credentials, fraud, vote buying or flash loans, not disputed policy decisions.

Prediction Markets

Hyperliquid rolls out HIP-4 to open prediction market creation beyond validators

Hyperliquid unveils HIP-4 for permissionless prediction markets Hyperliquid said on July 20 that its HIP-4 upgrade will let qualified deployers launch outcome-based prediction markets using validator-approved on-chain templates, ending validator-only deployment. Deployers must stake 500,000 HYPE for six months, can be slashed for failed settlement or quitting, and start with a 100-outcome limit; settlement quotes will use AQAv2 only. HYPE traded around $60, down about 1% on the day.

Court

Washington judge moves to halt Kalshi sports contracts under state gambling law

Washington court blocks Kalshi sports event contracts in state A Washington state court granted a preliminary injunction against Kalshi, temporarily barring it from offering sports-related event contracts in the state after finding the platform “offers illegal gambling activities” and solicits bets from Washington consumers. The judge said the Commodity Exchange Act does not preempt Washington law; the order could take effect no earlier than Aug. 5 after further briefing due by Aug. 3.

Security

FBI arrests Florida man over malware hidden in Steam game updates

FBI arrests Florida man over malware hidden in eight Steam games Federal prosecutors say 21-year-old Zyaire Wilkins of North Lauderdale, Florida, paid for infostealer malware that was later pushed through updates to eight Steam games, infecting about 8,000 computers and stealing crypto over roughly two years. Investigators traced about $382,000 in crypto flows and more than 150 Bitrefill gift cards, many used for Uber Eats orders; Wilkins faces a charge that carries up to 10 years in prison.

Court

FTC settles with two Celsius co-founders for $6.5 million over customer deception claims

FTC settles with two Celsius co-founders for $6.5 million Celsius co-founders Shlomi Daniel Leon and Hanoch “Nuke” Goldstein agreed to pay a combined $6.5 million to settle FTC claims that they misled customers about the safety, availability and management of funds deposited with the failed crypto lender. Leon will pay $4.1 million and Goldstein $2.4 million under separate court orders, while both also face restrictions on future conduct tied to crypto products and consumer data.

Prediction Markets

Polymarket sends nearly 100 wallets to law enforcement over suspicious trading activity

Polymarket refers nearly 100 wallets to law enforcement Polymarket has sent nearly 100 crypto wallets to law enforcement as it steps up monitoring for possible insider trading, Chief Legal Officer Neal Kumar said. A Bloomberg analysis flagged about $200 million in first-half 2026 trades with patterns associated with informed activity, mostly in geopolitical markets. The referrals do not prove wrongdoing or mean charges will follow, but recent U.S. cases tied to Venezuela and Google-linked wagers have intensified scrutiny.

Security

New Zealand police warn of crypto scam using fake detectives and spoofed calls

New Zealand warns of police impersonation scam targeting crypto wallets New Zealand police say scammers posing as detectives and crypto company staff have stolen millions from wallet holders in recent weeks. Detective Inspector Stuart Mills said callers claim a victim’s personal details were found on someone recently arrested, then a fake company representative pushes for passwords or seed phrases, sometimes via a spoofed app site. Police said real officers will never ask for wallet details, PINs or seed phrases.

Regulation

Vietnam sets fines and suspensions under pilot crypto market decree

Vietnam sets crypto fines and license suspensions under pilot market rules Vietnam has issued Decree No. 284/2026/NĐ-CP, imposing penalties across its pilot crypto market framework from Sept. 1, 2026, including fines of up to VND200 million for organizations and VND100 million for individuals, license suspensions, asset confiscation, and 1–12 month operating bans for violations such as unlicensed crypto activity, reporting failures, and AML/CTF breaches. The rules also require issuers and service providers to be licensed, fine retail investors for trading outside licensed platforms, and mandate refunds or repayment of illegal profits within set deadlines.

Companies

SBI Holdings completes majority acquisition of Singapore crypto exchange Coinhako

SBI Holdings completes majority acquisition of Singapore crypto platform Coinhako SBI Holdings completed its majority acquisition of Coinhako on July 16 after winning Monetary Authority of Singapore approval, making the exchange a consolidated subsidiary through its SBI Ventures Asset Pte. Ltd. unit. The deal combined a capital injection into Holdbuild Pte. Ltd. with share purchases from existing investors, advancing SBI’s push to expand its digital asset business from Japan into Southeast Asia.

Court

SEC alleges Mining Automatic and owner raised $22 million in crypto mining fraud

SEC sues Mining Automatic and owner over alleged $22M crypto mining fraud The SEC sued crypto mining firm Mining Automatic and owner Zan Shaikh in federal court in Massachusetts, alleging they raised more than $22 million from over 380 investors for a mining operation but spent only about 13% on actual mining between June 2023 and May 2025. The agency says most of the money went to marketing, Shaikh’s personal spending and unrelated businesses; both defendants agreed to partial settlements without admitting or denying the allegations.

Regulation

BSP reviews remaining InstaPay fees after banks move to free transfers

BSP reviews GCash, Maya and others over remaining InstaPay fees The Bangko Sentral ng Pilipinas is checking whether financial institutions and e-wallet operators still charging for InstaPay transfers comply with Circular No. 1238, after providers including GCash and Maya cut fees to ₱10 but did not remove them. Deputy Governor Mamerto Tangonan said firms were asked to submit cost breakdowns to justify charges beyond minimal switch costs of about ₱1.50, and penalties remain possible after the review.

July 20, 2026

ETF & Funds

Ether ETFs Lead Weekly U.S. Crypto Fund Inflows as Bitcoin Products Recover

Ether ETFs top bitcoin funds in weekly inflows U.S. crypto ETFs ended July 13–17 in positive territory after a sharp Monday reversal, with ether funds leading the week at $105.44 million in net inflows versus $75.67 million for bitcoin products. BlackRock’s IBIT added $204.1 million, while Fidelity’s FBTC lost $181.1 million; HYPE ETFs saw $7.26 million in net outflows, and XRP and Solana funds posted modest gains.

Infrastructure

Cardano Activates Van Rossem Hard Fork, Moving Mainnet to Protocol Version 11

Cardano activates Van Rossem hard fork on mainnet Cardano has activated the Van Rossem hard fork on mainnet at Epoch 644 on July 18, moving the network to Protocol Version 11. The upgrade requires Cardano Node v11.0.1 or later, and Cardano describes it as its first hard fork fully enacted through on-chain governance, making it a key test of the network’s push to coordinate major protocol changes through its decentralized governance framework.

Regulation

Bank of Korea to Expand CBDC Pilot to 500,000 Users in September

Bank of Korea expands CBDC pilot to 500,000 users in September The Bank of Korea will start Phase 2 of Project Hangang in September, expanding its CBDC pilot from seven to nine banks and raising the user cap to 500,000 for live deposit-token payments. The new phase adds biometric payments, person-to-person transfers and, for the first time, government subsidy disbursements using programmable tokens, as the central bank says it is laying the groundwork for commercialization after Phase 1 saw 81,000 wallets and 114,880 transactions.

Regulation

Tinubu signs order to unify Nigeria’s crypto oversight and tax coordination

Tinubu signs order to unify Nigeria’s crypto oversight Nigerian President Bola Ahmed Tinubu signed an executive order on Friday to harmonize virtual asset regulation, create a virtual asset council led by top financial regulators, and tighten coordination among financial, tax and capital markets agencies. The order keeps existing agencies’ powers intact, while aiming to close oversight gaps that let unregistered operators evade regulation and to strengthen fraud protection without stifling innovation.

Companies

Hut 8 Rallies After Signing $9.8 Billion Lease for Texas AI Data Center Expansion

Hut 8 signs $9.8B Texas data center lease, shares jump Hut 8 shares rose as much as 14% to $104.51 after the Bitcoin miner and AI infrastructure company signed a 15-year, $9.8 billion lease for Phase 2 of its Vega Point campus in Texas. The same investment-grade customer that took Phase 1 will add 352 megawatts of Nvidia-based AI computing capacity, bringing its total contracted capacity to 704 megawatts and fully commercializing the site’s 1-gigawatt power capacity.

Security

Zilliqa reports ZIL theft from exchange partner cold wallet as transfers are halted

ZIL transfers paused after exchange partner cold wallet theft Zilliqa said Monday that an unspecified amount of ZIL was stolen from the cold wallet of one of its exchange partners, prompting a call to temporarily pause deposits and withdrawals to stop the funds being moved through centralized platforms. Coinone and KuCoin halted ZIL transfers, while the token fell to an all-time low of $0.002441 as Zilliqa said its investigation is ongoing.

Regulation

Lummis Says CLARITY Act Would Shield Customer Crypto in Exchange Bankruptcies

Lummis says CLARITY Act would protect customer crypto in exchange failures Sen. Cynthia Lummis said the CLARITY Act would make customer cash and digital assets legally remain customer property if a covered crypto intermediary fails, closing a gap exposed by the Celsius and Voyager bankruptcies. The bill would require segregation of customer assets and generally bar brokers, dealers and exchanges from using them without authorization; it has passed the House but not the Senate.

Regulation

Vietnam to fine users up to $1,900 for trading on unlicensed crypto platforms

Vietnam sets crypto fines of up to $1,900 for unlicensed platform use Vietnam will fine domestic investors 30 million-50 million dong ($1,140-$1,900) for trading on crypto platforms without Ministry of Finance approval from Sept. 1 under Decree 284/2026/NĐ-CP. The rules, signed July 16, also impose penalties for unlicensed crypto services, unauthorized marketing, AML failures and improper data handling as Vietnam prepares to launch its pilot regulated crypto market, which Deputy Finance Minister Nguyen Duc Chi said could begin in Q3 2026.

Infrastructure

Aurora mainnet goes offline after block production stops, with no immediate recovery timeline

Aurora mainnet halts block production, suspending transactions Aurora’s mainnet went fully offline early July 20 after block production stopped at 02:16:11 UTC, halting transactions and smart contract execution on the NEAR-based EVM network. Onchain Lens flagged the outage, while Aurora had not released a technical explanation or recovery timeline for several hours after the crash, leaving all onchain activity paused.

Regulation

EU’s MiCA regime has yet to approve any tokenized gold products

EU’s MiCA approved zero gold-backed tokens in two years The EU created a MiCA category for gold-backed crypto under its asset-referenced token rules, but has approved none since the regime took effect in 2024. That leaves the $4.4 billion PAXG and XAUT market operating outside the bloc’s regulatory perimeter, with Europeans accessing tokens via offshore venues, self-custody, or issuer workarounds rather than MiCA-backed redemption rights and protections. Brussels is now reviewing whether to soften, scrap, or keep the ART framework, a decision that could determine whether tokenized gold finally enters the EU rulebook or stays in a legal gap.

Regulation

Brazil’s CVM launches task force to draft tokenized securities framework

Brazil’s CVM sets up working group for tokenized securities rules Brazil’s securities regulator CVM has created a working group to draft an experimental framework for tokenized securities, targeting core issues including ownership records, private key custody, transaction reversibility and system liability. A first proposal is due within 60 days of the group’s installation, with a broader review set for 120 days and a possible 30-day extension.

Regulation

Russia’s Duma set for final readings on crypto regulation bill

Russia’s Duma to hold final votes on crypto regulation bill Russia’s State Duma is set to take the second and third readings Tuesday on bill No. 1194918-8, “On Digital Currency and Digital Rights,” which would set investor limits and rules for cross-border crypto payments. The draft caps non-qualified investors at 300,000 rubles a year in purchases through one intermediary and 100,000 rubles in transfers abroad; the main provisions would take effect Sept. 1 if passed.

ETF & Funds

Grayscale moves to add quarterly cash payouts from ETHE and GSOL staking rewards

Grayscale targets quarterly cash payouts from ETHE and GSOL staking rewards Grayscale plans to amend its ETHE and GSOL trusts to distribute net cash from staking rewards at least quarterly, with the changes expected around August 7, 2026. Under the proposal, each fund would sell the ETH or SOL earned from staking and pay shareholders the remaining proceeds after expenses, fees and taxes; payout dates and amounts are not fixed.

Regulation

FATF says gaps in crypto rules and Travel Rule adoption still enable illicit finance

FATF flags stablecoin misuse and offshore crypto firms in new global review The Financial Action Task Force said in its 7th update on virtual asset rules that 11 jurisdictions are still developing crypto regulations and Travel Rule measures, leaving gaps criminals can exploit. FATF warned in particular about offshore VASPs in weak regimes and the misuse of stablecoins, citing a Cambodia-based money-laundering node that issued a token marketed as immune to asset freezing.

Infrastructure

XRPL Validators Set to Vote on Upgrade Adding Batch Transactions and Confidential Transfers

XRPL validators to vote on batch transactions and confidential transfers XRP Ledger validators are expected to begin voting in about two weeks on a package of protocol amendments that would add batch transactions, confidential transfers, sponsored fees and reserves, permission delegation, dynamic Multi-Purpose Tokens, and a bug fix. XRPL validator Vet said the release also includes major performance optimizations aimed at improving node efficiency and network reliability.

ETF & Funds

US spot-Bitcoin ETFs post second straight week of inflows after long outflow streak

US spot-Bitcoin ETFs log second week of net inflows US-listed spot-Bitcoin ETFs took in a net $75.7 million last week after $197.4 million the week before, marking a second straight week of inflows after eight weeks of outflows. The 13 funds briefly saw a $424.7 million one-day withdrawal as US-Iran military clashes resumed, but flows recovered, a shift DACM chairman Richard Galvin said supports the view that the market may be finding a bottom.

Tokenization

BNB Chain Becomes Largest Network for Franklin Templeton’s $1.5B BENJI Fund

BNB Chain becomes largest network for Franklin Templeton’s BENJI fund Franklin Templeton has expanded its $1.5 billion BENJI tokenized money market fund to BNB Chain, which now holds about $1.5 billion of BENJI assets, or 61.71% of the fund’s total value, after 1,226% monthly growth, data from RWA.xyz shows. The shift pushed Stellar to second place with $583 million, or 23.76%, as Franklin Templeton continues turning BENJI into a multi-chain product.

Companies

SBI Holdings Completes Majority Acquisition of Singapore Crypto Exchange Coinhako

SBI Holdings closes majority acquisition of Coinhako SBI Holdings completed its majority acquisition of Singapore-based crypto exchange Coinhako on July 16 after securing MAS approval, bringing the platform under its corporate structure. The deal adds more than 400,000 users and Coinhako’s regulated Singapore operations to SBI’s digital asset business, as the group pushes to link Japan and Southeast Asia through tokenization, stablecoins and cross-border digital asset services.

Security

Allbridge Core halts bridge after reported $1.65 million exploit on Solana

Allbridge Core pauses protocol after $1.65M Solana exploit Allbridge Core said it paused the protocol after a security incident that reportedly drained $1.65 million from its Solana deployment on Sunday. Onchain Lens said the attacker used a $1.12 million USDC flash loan from Kamino and rapid USDC/USDT swaps to distort the stablecoin pool’s exchange rate, then withdrew liquidity at manipulated rates, bridged the funds to Ethereum and moved them into privacy pools.

Regulation

South Korea Weighs Crypto Account Freezes and Rewards for Market Abuse Tipsters

South Korea weighs account freezes and whistleblower rewards for crypto trading abuse South Korea’s financial authorities are preparing tougher enforcement under the second phase of the Digital Asset Act, including a capital-markets-style account-freeze system and rewards for tipsters who report unfair virtual-asset trading. Since the Virtual Asset User Protection Act took effect, regulators have investigated more than 40 cases, referred over 30 to investigators, identified 25 suspects, and found average illicit gains of about 1.4 billion won per case.

July 19, 2026

Infrastructure

Cardano activates Van Rossem hard fork and shifts network to Protocol Version 11

Cardano activates Van Rossem hard fork, moves to Protocol Version 11 Cardano activated the Van Rossem hard fork on July 18 at 21:44:51 UTC, moving the network to Protocol Version 11 with no reported downtime. The Conway-era upgrade cuts Plutus smart contract costs, tightens ledger and stake-pool security, and adds new cryptographic and data tools for developers. It was also the network’s first major upgrade approved fully through onchain governance.

Stablecoins

One Year On, US Stablecoin Rules Under GENIUS Act Are Still Incomplete

US stablecoin rules still unfinished a year after GENIUS Act took effect A year after the GENIUS Act established the first US legal framework for stablecoins, the detailed rules to enforce it are still not final. The FDIC and OCC have issued draft proposals on custody, capital, liquidity and KYC, with the OCC’s interpretive proposal released in February, but final adoption is still months away. Broader crypto market legislation under the Clarity Act remains stalled by political deadlock over ethics rules on crypto-related income for senior public officials.

Prediction Markets

France orders ISP block on Polymarket ahead of World Cup final

France orders ISPs to block Polymarket before World Cup final France’s gambling regulator ANJ ordered internet providers on July 16 to block access to Polymarket, calling the platform an illegal gambling service and warning of potential losses and market manipulation. The move comes ahead of the 2026 FIFA World Cup final between Spain and Argentina, as Polymarket’s tournament-winner market has logged more than $4 billion in cumulative volume; the block stays in place until the platform complies with local rules.

Tokenization

DTCC Takes Tokenized Securities From Pilot Testing to Live Production Trades

DTCC moves tokenized securities into live production trades DTCC completed its first production trades in tokenized traditional securities on July 15, moving the market from testing to live use with nearly 40 firms involved, including BlackRock, Vanguard, JPMorgan, Goldman Sachs and the NYSE. The pilot covered tokenized Microsoft shares, QQQ, SPY, SHV and U.S. Treasuries, and Chainlink infrastructure was reportedly part of the stack. DTCC’s commercial Tokenization Service is set to launch in October.

Companies

Circle defends USDC strategy as CRCL drops amid new stablecoin competition

Circle says it is focused on USDC growth despite CRCL slide Circle President Heath Tarbert said the company is prioritizing long-term financial infrastructure over short-term stock moves after CRCL fell 17.5% to $62.63, as Open Standard launched rival stablecoin Open USD and the stock exited several Russell Growth indexes. Tarbert said USDC’s roughly $73 billion circulation and native support on 34 blockchains give it network effects that are hard to replicate.

Court

Argentine judge orders urgent freeze of wallets linked to Libra token investigation

Argentine judge freezes wallets tied to Libra token probe Federal Judge Marcelo Martinez ordered the identification and urgent freezing of crypto wallets linked to the Libra token after a police report traced millions in transfers across multiple networks since May. The investigation targets wallets tied to the Libra team and activity routed through Binance, Bybit, OKX and Bitfinex in a case connected to the token launch promoted by Argentina’s president.

DeFi

Uniswap readies votes to add v4 and Robinhood Chain fees to UNI burn system

Uniswap to vote on v4 and Robinhood Chain fees tied to UNI burns Uniswap governance is preparing two votes that would route new protocol fees from v4 pools and Robinhood Chain’s v2 and v3 deployments into the existing UNI burn system. The v4 proposal covers selected pools on Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism and Robinhood Chain, while the Robinhood Chain vote follows Uniswap volume on the network passing $6 billion by July 10.

Stablecoins

US regulators miss GENIUS Act deadline as stablecoin rules remain unfinished

US regulators miss GENIUS Act stablecoin rulemaking deadline U.S. financial regulators missed the GENIUS Act’s July 18 deadline to finish key stablecoin rules, leaving major requirements on reserves, redemptions, capital, custody, customer identification and AML still unsettled. The OCC, FDIC, NCUA and Treasury have proposals out, but the law’s federal framework is still set to take effect by Jan. 18, 2027, shortening issuers’ time to prepare once final rules arrive.

Mining

Four Bitcoin Mining Pools Accounted for More Than 70% of Hashrate in June Snapshot

Four Bitcoin mining pools top 70% of network hashrate Foundry Digital, AntPool, ViaBTC and F2Pool controlled more than 70% of Bitcoin’s hashrate in a June 23, 2026 snapshot from miningpoolstats.stream, underscoring rising mining centralization. The concentration is increasingly described as a two-tier market favoring institutional clients, while smaller miners face tighter competition and are reconsidering which pools to use.

Tokenization

BNB Chain becomes largest network for Franklin Templeton’s Benji platform

BNB Chain becomes top network for Franklin Templeton’s Benji assets BNB Chain now holds about $1.5 billion of assets on Franklin Templeton’s Benji tokenization platform, or 61.71% of its distributed onchain value, overtaking Stellar as the largest network by asset share. RWA.xyz put total distributed Benji assets at roughly $2.44 billion as of July 18, marking a major shift since Franklin Templeton added Benji Technology Platform support for BNB Chain in 2025.

Security

Consensys says North Korea-linked contractor briefly accessed MetaMask systems

Consensys says it cut off North Korea-linked MetaMask contractor Consensys said it identified and removed a North Korea-linked developer who had worked on MetaMask code and had internal access for about a month in spring 2026. The consultant, described by Drop Site as using the alias Tyler Knapp and GitHub account imyugioh, worked on components including crypto-to-fiat modules; Consensys said its investigation found no data theft, malicious code, or impact on users, and that law enforcement was notified.

Infrastructure

Zcash debuts Zakura node ahead of Ironwood upgrade and broader scaling push

Zcash launches Zakura full node ahead of Ironwood upgrade Zcash is rolling out Zakura, a new pruned full node and fast-syncing fork of Zebra that supports the Ironwood upgrade set to activate on July 28 at mainnet block 3,428,143. The client adds compatibility with the legacy zcashd software ahead of its end-of-life and is the first live part of a broader plan to scale Zcash from roughly one private transaction per second toward payment-network throughput while preserving privacy.

Regulation

South Korea identifies 25 suspects in crypto market manipulation cases under new law

South Korea flags 25 suspects in crypto market-rigging probes South Korea’s financial authorities said they identified 25 suspects and investigated more than 40 unfair virtual-asset trading cases in the two years since the Virtual Asset Investor Protection Act took effect on July 19, 2024. Most cases involved price manipulation, with average illicit gains of about 1.4 billion won ($1 million), and more than 30 cases were referred or reported to investigative agencies.

July 18, 2026

Regulation

CLARITY Act Still Awaits Senate Action One Year After Bipartisan House Passage

CLARITY Act still stalled in Senate a year after House approval A year after the House passed the CLARITY Act with support from nearly 80 Democrats, lawmakers used a July 17 hearing at Federal Hall in New York to renew pressure on the Senate to act. The delay leaves unresolved questions around digital asset classification, registration and federal oversight, with House Republicans arguing the U.S. still lacks a functioning crypto market structure despite bipartisan backing.

Security

Kaspersky says OkoBot crypto malware campaign has hit users in more than 25 countries

Kaspersky flags OkoBot malware campaign targeting crypto users in 25+ countries Kaspersky says the newly identified OkoBot framework has been active for more than a year, using over 20 modules to steal seed phrases, wallet credentials and browser data through ClickFix lures and fake GitHub downloads. One module, SeedHunter, replaces Ledger and Trezor recovery screens with phishing pages; researchers say hundreds of users have been targeted, with the most victims reported in Brazil, Vietnam, Canada, Mexico and Türkiye.

Court

FTX to begin $900 million fifth creditor payout on July 31

FTX to send $900M to creditors on July 31 in fifth bankruptcy payout FTX Trading and the FTX Recovery Trust will begin distributing about $900 million to eligible creditors on July 31, 2026, with Bitgo, Kraken and Payoneer handling payments. The fifth post-collapse payout covers allowed claims in the Convenience and Non-Convenience Classes that met the June 16 record date, and brings cumulative distributions since early 2025 to nearly $10 billion.