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After Returning Billions Last Year, FTX Starts Another Creditor Payout Round

From financemagnates.com

Collapsed crypto exchange FTX Trading Ltd. said it will begin a new round of creditor payments on March 31, 2026, as part of its Chapter 11 restructuring process. Earlier in 2025, the company began returning funds under the plan, starting with a $7 billion payout in February. A second distribution of about $5 billion followed in May. Recoveries were expected to range between 54% and 120%, with payments made through providers such as BitGo and Kraken. FTX Starts Fourth Creditor Payout Round Together with the FTX Recovery Trust, FTX said the fourth distribution will cover holders of allowed claims in convenience and ... (full story)

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