FTX to distribute about $2.2 billion to creditors starting March 31
FTX said Wednesday it will begin its fourth round of creditor repayments on March 31, 2026, distributing around $2.2 billion under its restructuring plan.
Creditors who meet all requirements can expect to receive funds within a few days through selected providers such as BitGo, Kraken, or Payoneer. The company also confirmed an April 30, 2026 record date for preferred equity holders, with initial payments planned for May 29, 2026.
The distribution will include an 18% payout to Dotcom customer claims, bringing their total recovery to 96%, while US customer claims will receive 5% to reach full repayment.
General unsecured and digital asset loan claims will each receive 15%, also reaching 100%, and convenience claims will total 120% recovery.
To remain eligible for future payments, creditors must complete verification steps, while preferred equity holders must submit ownership certification, KYC, and tax forms before the record date.
