Creditors set to receive $2.2B from FTX Recovery Trust this March, easing financial woes

Creditors set to receive $2.2B from FTX Recovery Trust this March, easing financial woes

The FTX Recovery Trust will distribute $2.2 billion to creditors on March 31, 2026, yet many feel the recovery plan falls short of restoring their losses.

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The FTX Recovery Trust is set to distribute $2.2 billion to creditors on March 31, 2026, marking a significant step in the ongoing recovery efforts for victims of the collapsed crypto exchange. This distribution is part of a series of payouts that began in February 2025, with earlier payments totaling $1.2 billion, $5 billion, and $1.6 billion in subsequent months.

Eligible creditors will receive their shares via their selected distribution providers within one to three business days. Notably, the fourth distribution includes an 18% payout for Dotcom Customer claims, 5% for US Customer Entitlement claims, and 15% for both General Unsecured Claims and Digital Asset Loan Claims. Convenience claims are set to receive a full 120% reimbursement.

By the time the fourth distribution is completed, approximately $10 billion will have been disbursed to creditors and former customers. The next round of payments is planned for May 29, 2026. Concerns remain, however, as many creditors feel the recovery efforts fall short of addressing their losses, particularly given the significant drop in crypto asset values since the petition was filed in 2022.

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