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    Home ยป FTX Recovery Trust Distributes $2.2 Billion to Creditors
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    FTX Recovery Trust Distributes $2.2 Billion to Creditors

    By March 19, 2026No Comments1 Min Read
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    Quick Summary: The FTX Recovery Trust announces a $2.2 billion creditor distribution on March 31, 2026, bringing total payouts to roughly $10 billion.

    The FTX Recovery Trust announced Wednesday that it will distribute $2.2 billion to creditors on March 31, 2026. Eligible recipients will receive funds through their chosen distribution provider within one to three business days. A fifth payment round is scheduled for May 29, 2026.

    The fourth distribution includes an 18% payout for Dotcom Customer claims, a 5% distribution for US Customer Entitlement Claims, and a 15% distribution for both General Unsecured Claims and Digital Asset Loan Claims. Convenience claims are set to receive 120% reimbursement under the recovery plan.

    Once the fourth round is complete, approximately $10 billion will have been paid out in total since distributions began in February 2025. Some creditors argue they were short-changed because reimbursements were calculated using 2022 asset values, when Bitcoin traded near $16,871 and Ether near $1,258.

    Former FTX CEO Sam Bankman-Fried, sentenced to 25 years following a 2023 conviction for misusing customer funds, remains incarcerated at Federal Correctional Institution Terminal Island, though a court filing suggests a transfer may occur within weeks.

    Originally reported by CoinTelegraph.

    bankruptcy bitcoin creditor-distribution digital-assets ether ftx ftx-recovery-trust sam-bankman-fried
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