March Distribution: FTX Recovery Trust Plans $2.2B Creditor Payment
Creditors and former users of the collapsed cryptocurrency platform will receive their fourth payment installment since February 2025, pushing cumulative disbursements to approximately $10 billion.
On Wednesday, the FTX Recovery Trust—the entity responsible for managing fund distributions to creditors and previous clients of the collapsed cryptocurrency platform—revealed plans to disburse $2.2 billion to creditors on March 31, 2026.
According to a statement released by the Trust, qualifying creditors will obtain their payments via their selected distribution provider in a timeframe spanning one to three business days.
The fourth disbursement encompasses an 18% payment for Dotcom Customer claims, a 5% disbursement for US Customer Entitlement Claims, and a 15% disbursement for both General Unsecured Claims as well as Digital Asset Loan Claims.
According to the announcement, convenience claims are set to receive a 120% reimbursement as part of the recovery plan.
After completing the fourth distribution round, approximately $10 billion will have been disbursed to creditors and previous clients of the platform. The Trust has scheduled the fifth payment round for May 29, 2026.
Should creditors and previous clients of the FTX platform, which experienced its collapse in 2022, choose to invest their recovered funds into digital assets, the reimbursements have the potential to influence cryptocurrency prices in the near term.
Billions recovered by FTX, yet creditors claim inadequacy
The FTX Recovery Estate initiated creditor disbursements in February 2025, starting with a $1.2 billion payment, which was subsequently followed by a $5 billion distribution in the May that followed. September 2025 saw the third creditor payment round distributed, which amounted to $1.6 billion.
Notwithstanding the billions of dollars that have been recovered, creditors and previous clients of the FTX platform maintain they received inadequate compensation through the recovery plan.
Reimbursements to creditors and previous clients were calculated based on cryptocurrency asset valuations at the petition date in 2022, the point at which creditors and customers initiated legal proceedings against the platform.
Cryptocurrency asset valuations stood considerably lower at the time the petition was submitted, with Bitcoin (BTC) trading at approximately $16,871, while Ether (ETH) was valued at roughly $1,258.
FTX creditors are not whole
Sunil Kavuri, FTX creditor and creditor advocate
Former CEO "SBF" continues appeal attempts and facility transfer
This most recent initiative to compensate victims occurs alongside appeal attempts by Sam "SBF" Bankman-Fried, FTX's former CEO, who received a 25-year prison sentence after his 2023 conviction concerning the misappropriation of customer funds.
Through a proxy, he has been posting on his X account, frequently offering praise for US President Donald Trump's handling of the nation's conflict with Iran and his strategy toward digital asset regulation. Numerous experts believe the former CEO may be attempting to lobby the president for a pardon, though Trump purportedly stated in January that he would not entertain such consideration.
As of Wednesday, Bankman-Fried was incarcerated at the Federal Correctional Institution Terminal Island located in the Los Angeles region. A court filing submitted Monday by his mother, however, asserted that he would be transferred "sometime in the next couple of weeks."