The FTX Recovery Trust will distribute $2.2 billion to creditors in March

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The FTX Recovery Trust, which oversees the distribution of funds to creditors and former customers of the bankrupt cryptocurrency exchange, announced on Wednesday that it will distribute $2.2 billion to creditors on March 31, 2026.

According to the an.: eligible creditors will receive funds via their selected distribution service provider within one to three business days announcement from the Trust.

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The fourth distribution includes an 18% payout for Dotcom customer claims, a 5% payout for U.S. customer claims, and a 15% payout for both general unsecured claims and digital asset lending claims.

According to the announcement, convenience claims will receive a 120% refund under the recovery plan.

After the fourth round of payments, approximately $10 billion will be paid to creditors and former clients of the exchange. The fifth round of payments is scheduled for May 29, 2026, according to the trust.

The refunds could impact cryptocurrency prices in the brief term if creditors and former customers of the FTX exchange, which collapsed in 2022, invest recovered funds in digital assets.

Related: The court sets a deadline for the U.S. to consider Bankman-Frieda’s modern lawsuit request

FTX recovers billions in payouts, but creditors say it’s not enough

FTX Recovery Estate began repaying creditors in February 2025 with $1.2 billion, followed by a $5 billion disbursement in May the following year. The third round of creditor repayments was distributed in September 2025 and amounted to $1.6 billion.

Despite recovering billions of dollars, creditors and former customers of the FTX exchange say they are concerned about the recovery plan.

Creditors and former customers were refunded according to the value of the crypto assets as of the petition filing date in 2022, when creditors and customers took legal action against the exchange.

Source: Sunil Kavuri

The value of crypto assets was significantly lower at the time of the petition, with Bitcoin (BTC) trading at around $16,871 and Ether (ETH) at around $1,258 at the time.

“FTX’s creditors are not whole,” Sunil Kavuri, an FTX creditor and creditors’ attorney, said in response to the repayment plan.

The convicted founder of “SBF” files an appeal and a change of prison

The latest efforts to nurse victims back to health follow an appeal by Sam “SBF” Bankman-Fried, the former CEO of FTX, who was sentenced to 25 years in prison following a 2023 conviction for misusing client funds.

He frequently posted to his X account using a proxy server praising US President Donald Trump’s actions in the country’s conflict with Iran and his approach to regulating digital assets. Many experts speculate that the former CEO is lobbying the president for a pardon, but Trump is reported to have he said in January not to take this into account.

As of Wednesday, Bankman-Fried remained at the Federal Correctional Institution Terminal Island in the Los Angeles area. However, Monday’s court application was submitted by his mother he claimed that it would be moved “in the next few weeks.”

Warehouse: A $2,500 documentary on the demise of FTX on Amazon Prime… with mom’s assist

Cointelegraph is committed to independent and lucid journalism. This news article has been produced in accordance with Cointelegraph’s Editorial Policy and is intended to provide right and up-to-date information. Readers are encouraged to verify the information themselves. Read our Editorial Policy https://cointelegraph.com/editorial-policy
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