The FTX Recovery Trust will distribute approximately $2.2 billion to creditors in a fourth payout scheduled for March 31, 2026, marking significant progress in bankruptcy repayment. This round brings many creditors close to full recovery based on November 2022 petition-date asset values. A fifth distribution is scheduled for May 29, 2026.
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Key details regarding the FTX payout include:
Payment Details: The fourth distribution includes a 18% payout for Dotcom customer claims, 5% for US customer entitlement claims, and 15% for General Unsecured Claims.
Convenience Claims: Claims classified as "convenience claims" are set to receive a 120% reimbursement under the recovery plan.
Total Repayments: Following this fourth round, total repayments are expected to reach roughly $10 billion.
Requirements: Eligible holders must complete KYC verification, ownership certification, and tax documentation via the claims.ftx.com portal to receive payments.
Valuation Basis: Repayments are based on asset prices at the time of the November 2022 bankruptcy filing, which were significantly lower than current market prices.
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Upcoming Schedule:
April 30, 2026: Record date for preferred equity holder distributions.
May 29, 2026: Scheduled fifth general creditor distribution.
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Creditors are urged to check the official portal for their specific distribution amounts and to ensure all documentation is finalized.$FTT
