Fourth Payout: FTX Recovery Trust Plans ~$2 Billion Distribution To Creditors At Month-End
FTX and its Recovery Trust will begin the fourth distribution to creditors on March 31, 2026, with approximately $2.2 billion to be paid. Eligible claimants will receive funds via their chosen provider—BitGo, Kraken, or Payoneer—within one to three business days. This follows previous distributions in February, May, and September 2025.
Under the established priorities, US Customer Entitlement Claims will receive a 5% distribution, achieving full 100% cumulative recovery. Other classes, including General Unsecured Claims and Digital Asset Loan Claims, will also reach 100% recovery, while Convenience Claims will total 120%. Additionally, a payment to preferred equity holders is scheduled for May 29, 2026. Meanwhile, FTX’s native token FTT traded at $0.28, down nearly 8% in 24 hours.
bitcoinist03/18 22:32