FTX Recovery Trust Announces Fourth Round of Creditor Repayments


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

Eligible creditors will receive their funds through their distribution provider of choice within one to three business days, depending on announcement of the Trust.

The fourth distribution includes an 18% payment for Dotcom customer claims, a 5% distribution for US customer claims, and a 15% distribution for general unsecured claims and digital asset loan claims.

Convenience claims will receive 120% reimbursement under the stimulus package, according to the announcement.

At the end of the fourth distribution cycle, around $10 billion will have been paid to the stock exchange’s creditors and former customers. The fifth round of payments is scheduled for May 29, 2026, according to the trust.

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

Related: Court Sets Deadline for U.S. to Consider New Bankman-Fried Trial Motion

FTX Recovers Billions in Payments, But Creditors Say It’s Not Enough

The FTX Recovery Domain started payments to creditors in February 2025, with a payment of $1.2 billion, followed by a Distribution of 5 billion dollars the following May. The third round of payments to creditors has taken place distributed in September 2025 and totaled $1.6 billion.

Despite the billions of dollars recovered, creditors and former customers of the FTX exchange say they were harmed by the recovery plan.

Creditors and former customers were repaid based on the value of the crypto assets as of the petition date in 2022, when a lawsuit was filed against the exchange by creditors and customers.

Bankruptcy, Sam Bankman-Fried, FTX
Source: Sunil Kavuri

Crypto asset values ​​were much lower at the time the petition was filed, with Bitcoin (BTC) then trading at around $16,871, and Ether (ETH) at around $1,258.

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

Convicted “SBF” founder appeals and changes prison

Latest effort to heal victims arrives amid appeal efforts by Sam “SBF” Bankman-Fried, the former CEO of FTX, who was sentenced to 25 years in prison following his 2023 conviction for misusing client funds.

He posted to his X account using a proxy, often praising US President Donald Trump’s actions in the country’s conflict with Iran and his approach to regulating digital assets. Many experts believe the former CEO is pressuring the president for a pardon, but Trump reportedly said in January that he wouldn’t consider it.

On Wednesday, Bankman-Fried was being housed at Terminal Island Federal Correctional Institution in the Los Angeles area. However, a filing Monday by his mother in court claimed that he would be transferred “in the next two weeks.”

Review: The $2,500 File on FTX’s Amazon Prime Collapse… With Mom’s Help