US EditionBankrupt exchange FTX set to repay $2.2 billion to creditors this month
The fourth FTX Recovery Trust distribution totals $2.2 billion, increasing recovery rates to 96% for Dotcom and 100% for U.S. customers, under the Chapter 11 Plan.
- On Wednesday, the FTX Recovery Trust announced it will distribute roughly $2.2 billion to creditors on March 31, 2026, marking the fourth payout under its Chapter 11 reorganization plan.
- Earlier rounds totaled over $6 billion since the exchange collapsed in November 2022, with the previous distribution releasing $1.6 billion on September 30.
- Eligible Class 5A creditors receive an incremental 18% for 96% total recovery, while Classes 5B, 6A, and 6B reach 100% total recovery; Class 7 claims receive a cumulative 120% distribution.
- Creditors should expect funds from their selected "Distribution Service Provider"—either BitGo, Kraken, or Payoneer—within 1 to 3 business days from March 31, though those who opted for these providers waived rights to direct cash.
- The estate set April 30 as the record date for first payments to "Preferred Equity Holders," with distributions scheduled for May 29, provided holders complete ownership certification and required tax documentation.
18 Articles
18 Articles
FTX Recovery Trust to Distribute Approximately $2.2 Billion to Creditors in Fourth Distribution on March 31, 2026
/PRNewswire/ -- FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively "FTX") today announced that, consistent with FTX's Chapter 11 Plan...
FTX Recovery Trust to Distribute $2.2B to Eligible Creditors Starting March 31st
The FTX Recovery Trust has officially announced that it will begin distributing approximately $2.2 billion to eligible creditors starting March 31, 2026. This marks the fourth major distribution under the exchange’s Chapter 11 reorganization plan, following its collapse in November 2022. ~$2.2 billion in total. Eligible creditors should expect funds within 1–3 business days after […] The post FTX Recovery Trust to Distribute $2.2B to Eligible Cr…
$2B in “Lost” Bitcoin Set to Flood the Market, Threatening Fragile $67K–$74K Range
TL;DR: The FTX administration will distribute $2.2 billion to creditors between March 31 and April 3, 2026. The Bitcoin market faces critical technical resistance in the “thin air” zone between $72,000 and $82,000. Short-term holders are realizing profits at a rate of $18.4 million per hour near the $74,000 peak. FTX liquidators announced their fourth round of reimbursements, injecting $2.2 billion in cash to thousands of creditors. This massiv…
FTX Begins Its Fourth Distribution on March 31: $2.2 Billion Goes Out and Several Creditor Classes Hit Full Recovery More Stories ETHNews
The FTX Recovery Trust has announced its fourth round of creditor distributions will begin on March 31, 2026, releasing approximately $2.2 billion and pushing multiple claim classes to 100% recovery or above as total repayments approach $10 billion. What This Distribution Covers According to official press release, payments are expected to reach accounts within one to three business days of the March 31 start date. Funds will be delivered throug…
FTX to Pay $2.2 Billion to Creditors on March 31 in Fourth Distribution Since Collapse
FTX to distribute $2.2 billion to creditors in the fourth repayment round. Some creditor classes will recover up to 100% or more, including 120% for convenience claims. Payments will be processed via BitGo, Kraken, or Payoneer within days. FTX will distribute approximately $2.2 billion to creditors on March 31, marking the fourth round of repayments since the exchange collapsed in November 2022 and wiped out billions in customer funds almost ove…
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