FTX Distributes Another $2.2B to Creditors
- Centralized Exchange
- Regulation
FTX kicked off another $2.2 billion distribution to creditors on March 31, 2026, as part of its ongoing Chapter 11 bankruptcy plan. Funds are being routed through BitGo, Kraken, and Payoneer to eligible users in Convenience and Non-Convenience classes, with payouts expected within days. CT is buzzing with mixed reactions, as some celebrate any recovery while others rage over the long wait since the 2022 collapse. This payout is a small bandage on the wounds SBF left behind. It’s a bitter milestone for a community still scarred.