We are excited to announce that BitGo has been selected by FTX Trading Ltd. and its affiliated debtors to assist in distributing recoveries to retail and institutional customers in supported jurisdictions, per the U.S. bankruptcy court-approved FTX Chapter 11 Plan of Reorganization.
FTX retail users can securely reclaim their funds while benefiting from BitGo’s regulated, wholesale-priced, institutional-grade custody, trading, and staking services. Additionally, eligible U.S.-based FTX clients can participate in BitGo’s existing Bitcoin Giveaway Program, with the opportunity to win a full Bitcoin each quarter in 2025.
Why BitGo?
At BitGo, security and trust are the foundation of our business. As a pioneer in crypto security and fund recovery, BitGo played a key role in the Mt. Gox bankruptcy in 2014, helping set the standard for safeguarding and distributing digital assets during their bankruptcy process. Today, we carry that same dedication into supporting FTX creditors.
With BitGo, you can:
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Reclaim your funds: Our platform ensures a safe and efficient process for fund recovery. If your status in the FTX Claims Portal shows as "Approved," you're ready to receive your funds, which will be deposited into your BitGo Go Account. Once received you will be able to instantly withdraw, trade, stake, and custody your digital assets.
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Benefit from a simplified recovery process: Whether receiving USD or opting for stablecoins (GoUSD or USDC), BitGo’s infrastructure simplifies your recovery process.
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Insure your digital assets: Receive industry-leading security with insurance coverage up to $250M. BitGo’s insurance policy is provided by a group of insurers in the Lloyd’s of London and European Marketplace.
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Access institutional-grade services: From custody and trading to staking, our solutions provide retail investors with the same trusted tools that BitGo’s institutional clients rely on every day.
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Enter the Bitcoin giveaway: Eligible U.S.-based FTX clients can enter for a chance to win a full Bitcoin each quarter in 2025, a celebration of your continued trust and growth in the crypto space.
How to get started
Visit the FTX Claims Portal and follow the instructions to verify your status and select BitGo for your distribution.
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BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. For more information, visit www.bitgo.com.
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