FTX plans to distribute $2.2 billion on March 31, with many customer claim classes reaching 100%. Here's what each class receives.
A $4.7 billion portfolio — spanning Anthropic, Solana, Robinhood, SpaceX and Sui — would be worth an estimated $52.5 billion today. Creditors got cents on the dollar instead.
FTX Recovery Trust will distribute $2.2 billion on March 31, 2026, with preferred equity payments set for May 29, 2026.
The bankrupt exchange’s fourth payout will bring many customer and unsecured claims to full recovery, with preferred equity holders set to receive initial payments in May.
FTX will distribute $2.2 billion to creditors starting on March 31, marking the fourth payout, achieving near full recovery.
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And punishing tariffs are still in place on steel, aluminum, cars and other categories Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.
In the world being ushered in by Trump, power will prevail over cooperation. We will come to rue having taken this path The Canadian prime minister, Mark Carney, inspired a wave of enthusiastic ...