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:

  • 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.

  • Benefit from a simplified recovery process: Whether receiving USD or opting for stablecoins (GoUSD or USDC), BitGo’s infrastructure simplifies your recovery process.

  • 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.

  • 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.

  • 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.

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing and settlement out of regulated cold storage. Founded in 2013, BitGo is the first digital asset company to focus exclusively on serving institutional clients. BitGo is dedicated to advancing a digital financial services economy that is borderless and accessible 24/7. With multiple Trust companies around the world, BitGo is the preferred security and operational backbone for more than 1,500 institutional clients in 50 countries, including many of the world’s top brands, cryptocurrency exchanges and platforms. BitGo also secures approximately 20% of all on-chain Bitcoin transactions by value and is the largest independent digital asset custodian. For more information, please visit www.bitgo.com.

©2024 BitGo Inc. (collectively with its affiliates and subsidiaries, “BitGo”). All rights reserved. BitGo Trust Company, Inc., BitGo Inc., and BitGo Prime LLC are separately operated, wholly-owned subsidiaries of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, CA. No legal, tax, investment, or other advice is provided by any BitGo entity. Please consult your legal/tax/investment professional for questions about your specific circumstances. Digital asset holdings involve a high degree of risk, and can fluctuate greatly on any given day. Accordingly, your digital asset holdings may be subject to large swings in value and may even become worthless. The information provided herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. BitGo is not directing this information to any person in any jurisdiction where the publication or availability of the information is prohibited, by reason of that person’s citizenship, residence or otherwise.