FTX to Begin Payouts March 31 to Credited Claimants
- FTX to commence payouts March 31, 2026, for credited claimants.
- Estimated $15 billion assets recovered and ready for distribution.
- Distributions based on November 2022 valuations.
FTX is set to start creditor payouts on March 31, 2026, following a confirmed record date of February 14, for claims processed with necessary documentation.
The payouts could impact market liquidity and creditor recovery perceptions, with over $15 billion in recovered assets being distributed using a waterfall model prioritizing smaller claims.
The FTX bankruptcy estate has announced payout commencements for March 31, 2026. The record date is set for February 14, 2026, applicable to creditors who completed the required forms and processes. For more details on requirements, refer to the FTX Claims Information Page.
John J. Ray III, FTX’s CEO, leads the asset recovery, following its 2022 collapse. Sunil Kavuri, an affected creditor, has documented the payout process, with $7.1 billion distributed in prior rounds.
BitGo, Kraken, and Payoneer are involved as agents for the March payouts to eligible claimants. This involves the distribution of an estimated total of $15 billion following previous rounds. For support, check the FTX Distribution Support Section.
The payouts use a “waterfall” model, prioritizing smaller accounts for full recovery. The conversion to U.S. dollars is based on 2022 valuations, excluding current crypto prices.
No specific on-chain data for assets like TVL or liquidity is noted, as payouts are in fiat currency. Distribution excludes creditors from over 20 countries, including Russia and China.
The FTX payout plan replicates major bankruptcy cases, including Lehman Brothers and MF Global. Reductions in the disputed claims reserve from $4.6 billion to $2.4 billion may accelerate upcoming distributions if approved.
“Est. Next distribution – not official Jan with record date in Dec” — Sunil Kavuri, FTX Creditor
