FTX Announces Next Distribution Round on March 31, 2026, Plans to Reduce Contingent Reserve by $2.2 Billion

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
FTX has announced the next distribution round with a provisional registration date of February 14, 2026, and a planned start date of March 31, 2026. The exchange has also submitted a revised notice to the court, proposing to reduce the contingent reserve by $2.2 billion. If approved, the funds will be released and allocated to confirmed creditors in the next round. The update comes amid ongoing on-chain news and developments in the crypto sector.

Odaily Planet News: FTX has announced its latest distribution plan, with the next round of distributions expected to be recorded on February 14, 2026, and officially launched on March 31, 2026.

Meanwhile, FTX has submitted an amended notice to the court, proposing to reduce the disputed claims reserve by $2.2 billion. If the adjustment is approved by the court, the corresponding funds will be released and used in the next distribution round to be allocated to confirmed claim holders.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.