The FTX Recovery Trust, responsible for managing the distribution of funds to creditors and former customers, announced a significant plan this Wednesday: a total payout of $2.2 billion to creditors is scheduled for March 31, 2026.
This fourth round of payouts includes specific compensation ratios: 18% for Dotcom user claims, 5% for U.S. customer equity claims, and 15% for general unsecured claims and digital asset loan claims, respectively.
According to the trust's announcement, beneficiaries of convenience claims will receive a 120% payout ratio.
Upon completion of this payout round, creditors and former customers of the FTX exchange are expected to have received approximately $10 billion in total compensation. The trust also revealed that the fifth payout plan is scheduled for May 29, 2026.
Despite FTX's ability to recover substantial funds and proceed with payouts, some creditors believe the compensation amounts remain insufficient.
Notably, these payouts to creditors and former customers are based on the asset values at the time FTX faced legal proceedings in 2022, rather than current market values.
Sunil Kavuri, an advocate for FTX creditors and creditor interests, stated regarding this payout plan: "FTX creditors have not fully recovered their losses."
Previously, FTX founder Sam Bankman-Fried (SBF) has appealed his conviction and is seeking adjustments in a prison environment.