CoinLaw The Crypto Desk Crypto Bankruptcy & Recovery Tracker
Crypto Bankruptcy & Recovery Tracker
Crypto's collapsed estates and what creditors actually get back: petition dates, recovery percentages, and distribution status.
13 records last verified 12 Oct 2026 next review by 6 Nov 2026
At a glance
- Most recent court event
- BlockFi Inc. 30 Sep 2026
- Longest-running open case
- MtGox Co., Ltd. filed 24 Nov 2017
All records
13 estates, most recent event first. Filter or search below.
How to use this tracker
Search & filter
Filter by status or month, or use the search box to find a specific estate.
Explore the data
Sort by newest first or A to Z.
Inspect records
Select Detail on any row to open its full record, then copy a link that opens that row directly.
Verify sources
Every row links the primary source it came from, most often cases.ra.kroll.com.
| Estate | Status | Distribution (as stated) | Latest event | Source | Record detail |
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| BlockFi Inc. | Distributing | Convenience Class: 50% on allowed claims up to $1,500 (commenced February 2024) | 30 Sep 2026 | Kroll Restructuring Administration | |
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| Hodlnaut Pte. Ltd. | Distributing | 26.92% first interim dividend on admitted unsecured claims; 100% first and final to preferential creditors | 4 Aug 2026 | EY liquidators, 63rd Circular and Notice of Dividend (Form CWU-4) | |
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| FTX Trading Ltd. | Distributing | 120% cumulative (Convenience); 105% (Classes 5A/5B); 103% (6A/6B) | 31 Jul 2026 | FTX Recovery Trust announcement (PR Newswire) | |
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| Terraform Labs Pte. Ltd. | Plan confirmed | not available | 3 Jun 2026 | Kroll Restructuring — Terraform Labs Wind Down Trust | |
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| Voyager Digital Holdings, Inc. | Distributing | Second distribution ~$587 million; 87% of checks deposited as of February 10, 2026 | 27 Feb 2026 | Plan Administrator's Tenth Status Report (Doc 1848) | |
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| Celsius Network LLC | Distributing | $344.4 million fourth distribution (incl. ~$257 million Tether settlement) | 22 Jan 2026 | Celsius Distributions (Stretto) | |
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| Cred Inc. | Distributing | 52.97% initial distribution to eligible general unsecured claimants (trust notice, Oct 2025) | 31 Oct 2025 | Stretto — Cred Inc. Liquidation Trust | |
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| MtGox Co., Ltd. | Distributing | not available | 27 Oct 2025 | MtGox Rehabilitation Trustee | |
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| Bittrex, Inc. | Plan confirmed | not available | 22 Oct 2025 | D. Del. opinion, Civ. No. 24-714-JLH (2025 WL 2977719) | |
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| Three Arrows Capital Ltd. | Distributing | BVI court sanctioned an interim distribution of up to US$100M (28 Mar 2024); a fourth interim distribution was paid by… | 27 Jan 2025 | Ogier — interim distribution order (counsel to the joint liquidators) | |
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| Genesis Global Holdco, LLC | Distributing | BTC 51% in kind (166% of petition-date value); ETH 66% (153%); USD 100% | 2 Aug 2024 | Cleary Gottlieb (debtors' counsel) | |
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| Core Scientific, Inc. | Plan confirmed | Shareholders received new stock and warrants equal to about 60% of new equity (after warrant exercise, including rights… | 23 Jan 2024 | Core Scientific: plan-confirmation release (8-K Ex. 99.2) | |
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| Vauld (Defi Payments Pte. Ltd.) | Distributing | Up to 93% forecast on US$325M unsecured claims; first distribution of 36% due by October 2023; about 60% recovered to d… | not available | Kroll: Vauld client story | |
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No records match the current filters.
About this data
- Scope
- Crypto insolvency estates whose proceedings are court-docketed and whose administrators publish creditor distributions.
- Key facts
- 13 estates tracked through their own dockets and estate-published notices.
- The outcomes span the whole range: 2 estates returned full value to creditors or customers, while 3 have published no distribution at all. The same legal process produces both, which is why no single recovery number describes crypto insolvency.
- 10 of 13 disclose a recovery figure; the rest publish none, and this table leaves those cells empty rather than estimating them.
- Reading the table
- Estate positions as court filings and the estates’ own notices state them; distribution figures are quoted verbatim and never recomputed. Informational only, not legal or financial advice.
Using this data in research or journalism?
Quoting a figure with a link to this page needs no permission. Reuse of the compiled dataset is licensed under CC BY 4.0: credit CoinLaw and link back.
What the data shows
The charts below redraw the table above as the trends and comparisons a table cannot show.
Where the estates stand
Estates by procedural posture on the court docket.
Filings by year
Estates on this page by the year they filed. Only the court-docketed estates this tracker follows are counted.
Verification ledger
5 most recent of 10 logged updates · RSSLatest Updated (primary source)
Creditors paid in full to conditional wording
Latest event 28 Mar 2024 to 27 Jan 2025
Recovery to date about 60%; suspension note removed
Latest event 31 Mar 2026 to 3 Jun 2026
Latest event 2 Apr 2026 to 30 Sep 2026
How this tracker is maintained
Every estate is followed through its own docket, and every recovery figure is one the estate published.
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Sourced
Estates enter when their insolvency is court-docketed and their administrators publish creditor-facing figures. Recovery percentages are the estate’s own, in the estate’s own units; we do not compute a recovery from asset reports or press coverage.
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Dated
Each row carries the petition date and the date of the most recent docketed or estate-published development, so a quiet case is visibly quiet rather than silently stale.
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Re-checked
Dockets are re-read every 30 days. A figure that cannot be confirmed against the estate’s own publication keeps its last verified value and date.
- Why so few estates?
- Because the bar is a published creditor figure, not a filing. Many insolvencies are docketed without the administrator publishing anything a creditor could act on, and an estate that publishes nothing cannot honestly appear in a table about recoveries.
- Does a recovery percentage mean I would get that back?
- No. Estate-wide percentages are stated against petition-date claim values, vary by creditor class, and are paid in tranches over years. Your own class and claim determine your outcome, and only the estate can tell you those.
- Why do figures change?
- Recoveries are contested and revised throughout a case. A number here is what the estate said as of the stated date, which is the only thing that can be sourced.
This is informational content and does not constitute legal or financial advice. Estate figures are what administrators published as of the stated dates; recoveries are revised, contested, and paid in tranches, and a percentage here is not a prediction of what any individual creditor receives. Confirm with the docket or the estate’s own notices before relying on a figure.
