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FTX Recovery Trust Sets March 31 Start for $2.2 Billion Fourth Creditor Payout

The distribution advances multiple classes to full recovery under the bankruptcy plan.

FTX to distribute $2.2B to creditors as repayments near completion
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FTX to distribute about $2.2 billion to creditors starting March 31

Overview

  • Payments will be sent in U.S. dollars through BitGo, Kraken or Payoneer starting March 31, with most recipients receiving funds within one to three business days.
  • Class outcomes in this round include U.S. customer claims (5B) reaching 100%, general unsecured (6A) and digital asset loan claims (6B) hitting 100%, Dotcom customer claims (5A) rising to 96%, and Convenience claims (7) totaling 120% cumulatively.
  • Eligible creditors must complete onboarding in the FTX claims portal, including KYC and required tax forms, and those who selected a distribution provider have waived direct cash payment from the estate.
  • Preferred equity holders face an April 30 record date for an initial May 29 payment, contingent on submitting ownership certification, KYC verification and tax documentation.
  • Cumulative repayments approach $10 billion after this ~$2.2 billion round, following earlier distributions of about $1.2 billion in February 2025, $5 billion in May 2025 and $1.6 billion in September 2025.