FTX Claims Payment Processing

Last updated: 2026-10-26

At Paxtibi, we speak with dozens of creditors every day, from all claim sizes and jurisdictions around the world. Since FTX's July 2025 motion on restricted jurisdictions (withdrawn on 3 November 2025), a new demand from creditors has emerged. We are now making public one of the additional services we have been offering for the past year: the payment processing solution.

D.I. 31148 · D.I. 33439

Source: FTX’s July 17, 2026 distribution announcement; FTX: restricted jurisdictions as of October 1, 2026

FTX warns that original holders of allowed claims may permanently lose distributions if they do not complete provider onboarding (Step 8) within six months of the first distribution date associated with their claim being allowed. If that first date was July 31, 2026, the six-month date is January 31, 2027. Check your FTX notice for the deadline that applies to your claim, especially if your jurisdiction remains restricted.

Source: FTX Distributions Dashboard FAQs, including forfeiture rules

Proof before any words

But First, Who Is It For?

The payment processing solution is an alternative to selling your claim, and it is designed for creditors who are not seeking immediate liquidity through monetization (our 24-hour payment method). The typical use case is for claim holders located in restricted jurisdictions such as China, Russia, Ukraine, Saudi Arabia, Egypt, or others, who are unable to receive payment directly. These creditors are fine with waiting for the normal FTX payout schedule, the so-called “Distribution Date,” and do not want to lose any percentage through a claim sale.

This solution is not intended for small claim holders, or for claims in approved jurisdictions that have not yet been paid out due to pending KYC completion, disputes, or simply because the Bahamas process is taking longer than expected.

In the Bahamas (PwC) process, the restricted list has 46 jurisdictions: FTX's 44 plus Pakistan and Zimbabwe. PwC

Claim size and provider minimums

FTX's provider-selection guidance requires a claim above US$10, verified KYC and submitted tax requirements to access Step 8. Its provider guide separately states that Payoneer accepts individual distributions above US$50, and notes that this threshold may be reduced. Claims above US$10 and up to US$50 can still be paid through BitGo or Kraken, where available and subject to eligibility and the provider's withdrawal terms.

Sources: FTX's provider-selection requirements and provider payment methods and minimums.

What Is This Solution About?

The claims payment processing solution is straightforward: you transfer your claim to PAXTIBI, which then enters into a legally binding obligation to seek recovery of the amount due. This includes everything necessary to remove your claim from the “restricted” jurisdiction list and to handle any legal disputes that may arise. As soon as we receive funds from FTX, we promptly send them to you.

In exchange, PAXTIBI charges a success fee on the recovered amount. This means whenever FTX makes a payment, you recover immediately your account value. If FTX does not pay, PAXTIBI earns nothing from the process. It is a win-win solution that aligns your interests with ours.

How Can I Trust PAXTIBI?

PAXTIBI buys FTX claims directly and provides payment processing under a written agreement setting out our role and success fee. You can review filed claim-transfer documents in the official FTX court docket.

Across all cases: $100M+ notional traded, 1,000+ creditors and clients served, and 12+ jurisdictions covered.

Most importantly, we are FTX creditors ourselves. Both personally and as a company, we were victims of the FTX fraud. Despite becoming FTX claims buyers, the memory of November 8, 2022, is still vivid in our minds.

• PAXTIBI LLP, a limited liability partnership registered in England and Wales in 2023, company number OC449662. Registered office: 27 Old Gloucester Street, London WC1N 3AX; branch in Dubai.
• Run by its two founding partners, named with their backgrounds on our About page.
• Rated 4.6/5 from 19 reviews on Trustpilot.

Final Note

As we all know, time is money—both mathematically (is it better to have $100 now or in three months? Surely now) and philosophically. But there is no universal right or wrong. The best solution is the one that makes you feel comfortable.

At PAXTIBI, we are here to help you achieve that. See our FTX payment update for timelines and current distributions. If you would like to discuss your options, feel free to reach out via email.