Defunct cryptocurrency exchange FTX will distribute around $2.2 billion to creditors on March 31, 2026. This marks its fourth round of payouts.
Eligible recipients in the Convenience and Non-Convenience classes who have completed pre-distribution requirements are expected to receive their funds within 1 to 3 business days. FTX Trading Ltd and the FTX Recovery Trust said that the funds will be delivered via BitGo, Kraken, or Payoneer.
FTX $2.2 Billion Creditor Payout Scheduled for March 31, 2026
According to the press release, US customer entitlement claims (Class 5B) receive a 5% distribution, reaching full recovery at 100%. General unsecured and digital asset loan claims (Classes 6A and 6B) each gain an additional 15%, bringing them to 100%.
Convenience class holders (Class 7) will get a cumulative distribution of 120%. Dotcom Customer Entitlement Claims (Class 5A) receive an additional 18% with this round, lifting cumulative recovery to 96%.
The trust also confirmed an April 30 record date for preferred equity holders. The first payment is scheduled for May 29. Eligible holders must complete ownership certification, know-your-customer (KYC) verification, and submit tax documentation.
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“FTX will provide further details and instructions to Preferred Equity Holders regarding payment method and related steps and timelines. Payments will be made to holders who will have provided all required information, successfully verified their eligibility and be registered as holders of record on the FTX docket as of the April 30, 2026 record date,” the press release read.
The March 2026 distribution extends a payout process that began over a year ago. The first round started in February 2025, specifically targeting “Convenience Class.”
A second round that May sent more than $5 billion across both claim classes, followed by a $1.6 billion third round in September.
Previously, from prison, FTX founder Sam Bankman-Fried argued that FTX was not insolvent. He has also alleged that legal counsel drove the Chapter 11 filing.
Those claims have drawn broad skepticism. Bankman-Fried is serving a 25-year sentence after a 2023 conviction on seven criminal counts.
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