FTX Trust Plans $2.2 Billion Creditor Distribution in 2026

The FTX Recovery Trust announced plans to distribute approximately $2.2 billion to eligible creditors on March 31, 2026, as part of the fourth round of repayments under the cryptocurrency exchange's Chapter 11 bankruptcy reorganization plan. This payout, targeting both convenience and non-convenience classes of creditors who have completed required onboarding steps, marks a significant step toward resolving claims stemming from FTX's collapse in November 2022.

The distribution will prioritize certain claim categories according to the court-approved plan's waterfall structure. Class 5A Dotcom customer entitlement claims will receive an additional 18 percent, bringing their cumulative recovery to 96 percent. Class 5B U.S. customer entitlement claims will get a 5 percent increment, achieving full 100 percent recovery. Classes 6A general unsecured claims and 6B digital asset loan claims will each receive 15 percent more, also reaching 100 percent cumulatively. Meanwhile, Class 7 convenience claims, which apply to smaller claims under $50,000, will total 120 percent recovery after this round.

Funds will be disbursed in U.S. dollars to designated service providers, including BitGo,...