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- FTX will begin its fourth round of payouts on March 31, 2026.
- Several creditor classes will now reach full repayment levels.
- Preferred shareholders will receive payments starting May 29, 2026.
FTX Trading and the FTX Recovery Trust have announced the next phase of creditor repayments under the approved Chapter 11 plan. The fourth distribution will begin on March 31, 2026. This step continues the structured return of funds after the exchange collapse.
Eligible creditors will receive payments through selected providers. These include BitGo, Kraken, and Payoneer. Funds will reach accounts within one to three business days after the payout date. FTX will announce additional distribution dates later. The company follows a phased process to manage claims and ensure compliance.
Creditors must complete key steps before their record dates. These steps include identity verification, tax form submission, and onboarding with a chosen provider. Users must access the official claims portal to complete these requirements.
Recovery Levels Approach Completion
The fourth type of distribution indicates significant progress in the recovery of creditors. Various claims will be completely paid. Others will be close to completion. The Dotcom customer entitlement claims will benefit from an additional 18 percent payment.
This will bring the recovery for this category to 96 percent. The U.S. customer entitlement claims will benefit from a 5 percent payment. This will bring their recovery to 100 percent. The general unsecured claims and the digital asset loan claims will each benefit from a 15 percent payment.
These claims will now be completely paid. The convenience claims will benefit from a payment greater than their initial value. The claims will now benefit from 120 percent. The payments are all part of the priority structure set by the plan.
FTX Payouts Require Verification and Documentation
This approach ensures that there is equity for all creditor groups. Another significant clarification has been made by FTX. When creditors choose to receive funds from a distribution provider, they are giving up the right to receive funds from the estate directly. The funds will be sent to the provider, and individuals will have to contact them for any issues with their accounts.
FTX has made another significant clarification regarding preferred equity holders. It has set April 30, 2026, as the date for receiving funds. They will start sending funds on May 29, 2026. It will also establish a separate trust for this purpose. Only those individuals who have been verified as holders.
They will have to submit verification for owning the shares, go through an identification process, and submit tax documents before the deadline. FTX will communicate further with investors regarding this process. This is another significant step in resolving one of the biggest crypto bankruptcies in history.
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