FTX will distribute approximately $2.2 billion to creditors on March 31, 2026, marking the fourth round of repayments under its Chapter 11 recovery plan. This payout brings several creditor classes to full or near-full recovery, underscoring progress in one of the largest crypto restructurings.
FTX will distribute approximately $2.2 billion to creditors on March 31, 2026. This marks the fourth round of repayments under the exchange’s Chapter 11 recovery plan.
The latest payout brings several creditor classes close to—or fully—recovered positions. According to the announcement, U.S. customer claims will reach 100% recovery. General unsecured claims and digital asset loan claims will also hit 100% cumulative recovery.
Dotcom customer claims will rise to 96% recovered. Convenience claims will reach 120% cumulative recovery. The distribution will be processed through selected service providers including BitGo, Kraken, and Payoneer.
To receive payments, eligible users must complete several requirements through the FTX claims portal. These include Know Your Customer verification, submission of tax documentation, and onboarding with an approved distribution partner.
Creditors who opt for a distribution provider waive their right to receive funds directly from FTX. Payments are instead routed through these intermediaries.
Beyond creditor repayments, FTX confirmed that preferred equity holders will receive their first payouts on May 29, 2026. A record date of April 30 has been set for this process.
Eligible participants must verify ownership, complete KYC checks, and submit tax forms. They will then receive funds from a dedicated trust structure.
The distribution signals FTX’s recovery process is entering its final stages for several claim categories. This outcome contrasts with initial expectations following the exchange’s collapse in 2022.
At the time, many creditors anticipated significant losses. A combination of asset recoveries, litigation outcomes, and market conditions has allowed the estate to return a substantial portion of funds.
