Fourth Payout: FTX Recovery Trust Plans ~$2 Billion Distribution To Creditors At Month-End
FTX and its Recovery Trust have set March 31, 2026, as the beginning date for the fourth distribution to collectors, with roughly $2.2 billion slated to be paid to eligible claimants.
FTX Details Payment Timeline
Distributions beneath the plan started in February 2025, with the inaugural spherical focusing on Convenience Class claimants with claims beneath $50,000, leading to round $1.2 billion.
The second spherical, held in May of the identical yr, noticed the primary large payouts to bigger and institutional collectors, with restoration percentages starting from 54% to 72%. The third distribution, starting in September 2025, allotted round $1.6 billion to collectors.
For the trade’s fourth distribution, eligible collectors ought to obtain funds from whichever distribution service supplier they beforehand chosen — BitGo, Kraken, or Payoneer — inside one to 3 enterprise days after the distribution date.
Separately, in line with the Plan and the Preferred Shareholder Agreement, FTX set April 30, 2026, because the file date for a fee to most popular fairness holders, which is scheduled for May 29, 2026.
US Customer Entitlements Reach Full Recovery
The allocation for the fourth distribution follows the FTX’s established waterfall priorities. Under these phrases, Allowed Class 5A Dotcom Customer Entitlement Claims will obtain an incremental 18% distribution, bringing their cumulative restoration to 96% to this point.
Allowed Class 5B US Customer Entitlement Claims are slated for a 5% distribution, which is able to full a 100% cumulative restoration.
Both Allowed Class 6A General Unsecured Claims and 6B Digital Asset Loan Claims will obtain 15% distributions, likewise reaching 100% cumulatively. Allowed Class 7 Convenience Claims will see a cumulative distribution totaling 120%.
The trade’s native token, FTT, was buying and selling at $0.28 on the time of writing, representing a virtually 8% loss within the earlier 24 hours, in line with CoinGecko data.
Featured picture from OpenArt, chart from TradingView.com
