Silvergate Bank FTX Settlement
Last verified July 13, 2026Source: claimdepotHow ClaimWatch verifies cases
This settlement is closed to new claims — the deadline was January 30, 2026. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Silvergate Bank, Silvergate Capital Corporation, and Alan J. Lane allegedly aided and abetted tortious conduct by FTX, Alameda, and Sam Bankman-Fried. The defendants deny no wrongdoing is mentioned but agree to pay $10,000,000 to settle the lawsuit and avoid the costs and risks of continuing litigation.
Do you qualify?
Anyone who deposited fiat currency into an FTX- or Alameda-related account at Silvergate Bank between April 1, 2019, and November 11, 2022.
What you can claim
Read from the official settlement notice. Confirm the terms that apply to you on the administrator's site before filing.
Settlement payment
Class members who submit a claim by January 30, 2026 may receive payment from the $10,000,000 settlement fund.
Who is in the class
Those who deposited fiat currency into an FTX- or Alameda related account at Silvergate Bank between April 1, 2019, and November 11, 2022.
Quoted from the settlement notice.
How to file
Submit a claim by January 30, 2026 on this website to receive payment. You will be bound by the settlement agreement.
Common questions
- How much does the Silvergate Bank FTX Settlement pay?
- The total settlement fund is $10M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- What is the claim deadline for the Silvergate Bank FTX Settlement?
- This settlement is closed to new claims — the deadline was January 30, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Is the Silvergate Bank FTX Settlement notice real, or a scam?
- Claims are filed at ftxbanksettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Silvergate Bank FTX Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for February 9, 2026; no payments can be issued before a settlement receives final approval.
In the news
- Silvergate Bank lawsuit calls for FTX, Alameda clients to weigh in on $10M settlementCointelegraph · December 17, 2025
- Silvergate Bank Faces Legal Battle Over Alleged Role in FTX FraudBiztoc.com · March 23, 2024
- Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s RulingBiztoc.com · March 22, 2024
- Silvergate Bank to Stand Trial Over Allegations of Enabling FTX ScamBiztoc.com · March 22, 2024
Headlines via NewsAPI. ClaimWatch isn't affiliated with these publications.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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