{"id":76815,"date":"2026-03-18T18:01:32","date_gmt":"2026-03-18T18:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=76815"},"modified":"2026-03-18T18:01:32","modified_gmt":"2026-03-18T18:01:32","slug":"ftx-creditors-to-receive-120-of-their-money-back-in-2-2b-distribution","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=76815","title":{"rendered":"FTX Creditors To Receive 120% Of Their Money Back In $2.2B Distribution"},"content":{"rendered":"<div>\n<p>FTX will distribute approximately $2.2 billion to creditors on March 31, with Convenience Class creditors receiving 120% of their claims while general unsecured creditors hit 100% recovery.<\/p>\n<h3 class=\"wp-block-heading\">The Fourth Distribution Breakdown<\/h3>\n<p>Class 5A Dotcom Customer Entitlement Claims will <a href=\"https:\/\/www.prnewswire.com\/news-releases\/ftx-recovery-trust-to-distribute-approximately-2-2-billion-to-creditors-in-fourth-distribution-on-march-31--2026--302717707.html\">receive<\/a> an incremental 18% distribution, bringing cumulative recovery to 96%.\u00a0<\/p>\n<p>Class 5B U.S. Customer Entitlement Claims will receive 5%, reaching 100% cumulative recovery.<\/p>\n<p>Classes 6A General Unsecured Claims and 6B Digital Asset Loan Claims will each receive 15% distributions, hitting 100% cumulative recovery.\u00a0<\/p>\n<p>Class 7 Convenience Claims will receive a cumulative 120% distribution, becoming the first creditor class to recover more than their original claim amount.<\/p>\n<p>Eligible creditors should expect to receive funds from their selected distribution service provider\u2014BitGo, Kraken, or Payoneer\u2014within one to three business days from March 31.<\/p>\n<h3 class=\"wp-block-heading\">Why 120% Recovery Is Possible<\/h3>\n<p>The recovery exceeds 100% because FTX\u2019s bankruptcy estate successfully sold assets, clawed back funds, and benefited &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/51334665\/ftx-creditors-to-receive-120-of-their-money-back-in-2-2b-distribution?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"FTX\" creditors to receive of their money back in distribution>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>FTX will distribute approximately $2.2 billion to creditors on March 31, with Convenience Class creditors receiving 120% of their claims while general unsecured creditors hit 100% recovery. The Fourth Distribution Breakdown Class 5A Dotcom Customer Entitlement Claims will receive an incremental 18% distribution, bringing cumulative recovery to 96%.\u00a0 Class 5B U.S. Customer Entitlement Claims will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-76815","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/76815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76815"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/76815\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}