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Updated October 6, 2026 · 5 min read

FTX creditors in Belarus: no payout provider, and a deadline

Short answer

Not through step 8 if you live in Belarus: as of October 1, 2026, FTX lists Belarus as a jurisdiction where creditors cannot select BitGo, Kraken or Payoneer. Kraken's terms name Belarus as a sanctioned jurisdiction. Payoneer told Belarusian users it would close their accounts on September 11, 2026. FTX says more options may come but gives no date. ClaimBao buys FTX claims from creditors in Belarus and pays in USDT or USDC.

If you live in Belarus, your FTX payout stops at the same place as in Russia or mainland China: step 8, choosing a payout provider.

Where the payout stops

BitGo, Kraken and Payoneer are the only ways FTX pays creditors. FTX’s support page lists Belarus among the jurisdictions none of them serves right now. Until one does, there is nothing to choose at step 8, and no payout.

What creditors in Belarus should know

  • Belarus was named among the 49 potentially restricted jurisdictions in the FTX Recovery Trust's July 2025 motion. The Trust withdrew the motion on November 3, 2025 without prejudice, so it can file it again.
  • Kraken's Global Terms of Service (updated October 1, 2026) require users not to be located in or resident in a sanctioned or embargoed jurisdiction, and the list names Belarus.
  • Payoneer stopped US dollar transfers to Belarusian bank accounts in November 2025. In August 2026 it told Belarusian users their accounts would close on September 11, 2026, citing changes with its banking partners.
  • Since February 2025 (the EU's 16th sanctions package, Regulation (EU) 2025/392), the EU bans crypto-asset wallet, account and custody services for Belarusian nationals and residents of Belarus, whatever the amount. The ban does not apply to nationals of EU or EEA countries or Switzerland, or to people with a residence permit in one of those countries.
  • In October 2025, the EU widened this ban to crypto-asset services in general for Belarusian nationals, residents and companies (Regulation (EU) 2025/2041).
  • Belarus Decree No. 367 of September 17, 2024 says individuals may buy and sell tokens for money only through crypto platforms and exchange operators that are residents of the Belarus Hi-Tech Park. Mining, keeping tokens in a wallet, token-for-token exchange, gifts and inheritance are still allowed.

The deadline

FTX says a creditor who doesn’t onboard with a payout provider within six months of the July 31, 2026 distribution may lose the right to their distributions. That window closes around January 31, 2027.

Two ways forward

  • Wait. FTX gives no date for a provider in Belarus. If you can’t finish step 8 before the window closes (around January 31, 2027), you may lose the right to your payouts, so waiting can end with nothing.
  • Sell your claim. ClaimBao buys FTX claims from creditors in Belarus who pass KYC and aren’t under sanctions, and pays in USDT or USDC. After the transfer, FTX pays us.

First, see how much FTX owes you

Enter your Customer Code: we’ll show your tokens and the total from the public creditor list.

How selling works

Send us your FTX Customer Code and the claim amount, and we reply with a price. Then KYC, the transfer agreement and the notice of transfer in the US bankruptcy court. USDT or USDC reaches your wallet on the date in the agreement.

In detailHow a deal with ClaimBao works

Questions

Can I get my FTX payout if I live in Belarus?

Not through the FTX claims portal for now. As of October 1, 2026, none of FTX’s payout providers (BitGo, Kraken, Payoneer) is available in Belarus, so creditors there can’t complete step 8. The way to get money for the claim is to sell it: ClaimBao buys FTX claims from creditors in Belarus and pays in USDT or USDC.

Who buys FTX claims from creditors in Belarus?

ClaimBao (claimbao.com) buys FTX claims from creditors in Belarus who pass KYC and pays in USDT or USDC. The transfer is registered with the US bankruptcy court, and after that FTX pays the buyer, so the seller doesn’t need a payout provider in Belarus. Support is in English, Russian and Chinese.

How do I sell my FTX claim from Belarus?

Send ClaimBao your FTX Customer Code and the claim amount through the form on claimbao.com, Telegram, WeChat or email, and you get an indicative price. Then come online KYC, a transfer agreement with the final price and payment date, and the notice of transfer in the US bankruptcy court. USDT or USDC reaches your wallet on the date in the agreement.

What happens to my FTX claim if I miss the step 8 deadline?

FTX says creditors who don’t onboard with a payout provider within six months of the July 31, 2026 distribution may lose their distributions. That window closes around January 31, 2027, and FTX hasn’t said when, or whether, a provider will appear for Belarus. Selling the claim before then avoids that risk.

How much can I get for my FTX claim in Belarus?

Less than the full claim amount, because the buyer takes on the waiting and the risks. ClaimBao prices a claim by its class and amount, how much FTX has already paid and how long the buyer will wait for payouts. The final price is written in the agreement before you sign, and asking for a price is free.

Do sanctions stop me from selling my FTX claim?

ClaimBao buys claims only from creditors who pass KYC, and it does not buy claims from sanctioned persons. If you pass KYC, we can make you an offer. The final price is in the contract before you sign. Sanctions rules differ between the US, EU and UK, so if you are unsure about your own status, ask a lawyer.

Is it safe to sell an FTX claim to ClaimBao?

The sale is a claim transfer registered with the US bankruptcy court (Rule 3001(e)), and you see the agreement and the court notice before you sign. ClaimBao never asks for passwords, 2FA codes, seed phrases or any prepayment; to pay you it only needs your wallet address.

Find out what your claim is worth.

Send the details and we reply with an indicative quote. It’s free and you’re not committing to anything.

Get my offer →
Sources
  1. FTX Support: General Information on Distribution Service Providers (updated Oct 2, 2026)
  2. crypto.news (Feb 21, 2025): over 8% of FTX creditors in restricted regions
  3. CryptoSlate (Jul 20, 2026): FTX begins $900M payout, 45 jurisdictions
  4. Cryptonews (Jul 4, 2025): FTX seeks court approval for restricted jurisdiction claims
  5. The Block (Nov 3, 2025): FTX withdraws motion seeking to limit repayments
  6. Kraken Global Terms of Service (updated Oct 1, 2026)
  7. Nasha Niva (Aug 24, 2026): Payoneer closes Belarusians' accounts
  8. CityDog (Aug 24, 2026): Payoneer closes Belarusian accounts (not opened by fact-check)
  9. dev.by (Nov 13, 2025): Payoneer stops USD transfers to Belarus
  10. DLA Piper (Feb 2025): 16th package of EU sanctions against Russia and Belarus (not opened by fact-check)
  11. REVERA (Feb 2025): new EU sanctions package against Belarus, crypto wallets (not opened by fact-check)
  12. Mayer Brown (Oct 2025): EU 19th package and parallel Belarus sanctions
  13. Ardenna law firm: Decree No. 367 of Sep 17, 2024 (not opened by fact-check)
  14. Onliner (Sep 17, 2024): Decree No. 367 signed (not opened by fact-check)
  15. FTX Support: Using Kraken as a Distribution Service Provider
  16. FTX Support: Using BitGo as a Distribution Service Provider
  17. FTX Support: Using Payoneer as a Distribution Service Provider
  18. Kraken Support: where Kraken is licensed or regulated, prohibited regions (updated Sep 30, 2026)
  19. EUR-Lex: Council Regulation (EU) 2025/392 of 24 February 2025 (Belarus)
  20. EUR-Lex: Council Regulation (EU) 2025/2041 of 23 October 2025 (Belarus)
  21. REVERA: Cryptocurrency Regulation in Belarus 2025 (PDF)
  22. neg.by: Tax Ministry clarifies crypto transactions under Decree No. 367

This guide is general information, not legal advice.

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