TLDR
- FTX creditor names and emails leaked ahead of a major $1.9B payout.
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Scammers target FTX claimants with phishing emails, using leaked data.
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Phishing emails falsely confirm identity verification and steal credentials.
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FTX warns creditors to use only official claim portals to avoid fraud.
A data breach has revealed the names and email addresses of FTX creditors, putting them at risk of phishing scams. The leak comes just ahead of the next creditor payout, scheduled for September 30, 2025. FTX and the FTX Recovery Trust will distribute $1.9 billion to creditors, marking the third major payout since the company’s bankruptcy proceedings began. The first two payouts totaled $1.2 billion and $5 billion earlier in the year.
Creditors are advised to exercise caution, as scammers are exploiting the leak to send fraudulent emails. These emails appear to be from FTX and falsely claim successful identity verification, attempting to lure recipients into clicking malicious links that could steal credentials or install malware on their devices.
Phishing Scams Target FTX Creditors Before the Payout
Scammers have seized the opportunity presented by the leaked data to target FTX claimants with phishing emails. The emails often claim to confirm that identity verification has been completed and urge the recipient to follow a link to finalize the process.
These fraudulent emails can lead to harmful consequences, such as the theft of personal data, financial information, or malware infections.
Warning: Phishing Scam Email
Full name, email addresses of FTX creditors revealed
New or old data leak
1) Do not click on email links
2) Check Sender addresses
3) Go direct to claims portal or official address. Do not click on links in emailsFTX claims:… pic.twitter.com/GK1nrYSpLO
— Sunil (FTX Creditor Champion) (@sunil_trades) August 13, 2025
Sunil Kavuri, an FTX creditor activist, has warned others in the community about the risks. He advised all claimants to refrain from clicking any links in unsolicited emails and to check the sender’s address for authenticity. Kavuri emphasized the importance of accessing the claim portals only through official channels, such as claims.ftx.com, kraken.com, bitgo.com, and digitalmarketsclaim.pwc.com.
Creditor Payout Details and Exclusions
The upcoming payout of $1.9 billion will be the third in a series of creditor distributions following the FTX bankruptcy. These distributions come after reducing the disputed claims reserve from $6.5 billion to $4.3 billion, as directed by the Bankruptcy Court.
However, not all creditors will receive payments in this round. For example, creditors from certain countries, including China, are excluded from this distribution as their claims have yet to be approved.
The FTX Recovery Trust, alongside the legal teams managing the bankruptcy case, continues to address and process claims, including those that are still under review. Creditors are urged to ensure their claims are submitted correctly and to follow all necessary procedures to avoid delays in receiving their payments.
Vigilance Advised for FTX Creditors
As the payout date approaches, it is crucial for creditors to remain vigilant and avoid falling victim to phishing scams. The leak of personal information adds an extra layer of concern, with scammers actively exploiting the situation.
FTX has reiterated that creditors should only trust communication from official channels and should access the claims portal directly through verified URLs.
FTX’s legal team continues to monitor the situation and ensure that the distribution process remains transparent and secure for all claimants. However, it is clear that the leak has created significant challenges for both the company and the creditors. It serves as a reminder of the growing threats posed by cybercrime, particularly in the digital asset space.
