FTX and Alameda Research have reached a settlement with BlockFi, potentially allowing BlockFi to recover up to $874.5 million in claims, subject to court approval. The top six holders of FTX claims, according to Claims Market data, own $1.3 billion, with Attestor, Ceratosaurus, and Canyon being the top three, holding $407 million, $297 million, and $242 million, respectively. BlockFi's recovery includes claims of $185.2 million against FTX and $689.3 million against Alameda, with $250 million treated as a secured claim. This agreement, which could recover nearly $900 million for BlockFi, would also see FTX drop its claims against BlockFi.