FTX Sets Feb. 14 Registration Date for Next Creditor Distribution
FTX’s next round of creditor payouts will begin March 31, 2026, processed by BitGo, Kraken, and Payoneer, alongside a proposal to reduce reserves for disputed claims to boost future distributions.
Summary
FTX confirmed February 14, 2026, as the registration cutoff for its upcoming creditor distribution, with payments scheduled to start on March 31, 2026. Payouts will be handled by BitGo, Kraken, and Payoneer. The bankrupt exchange also submitted a proposal to lower reserves for disputed claims, aiming to increase funds available for recognized creditors in future distributions.
Terms & Concepts
- Disputed Claims Reserve: Funds set aside during bankruptcy to cover creditor claims that are under legal or factual dispute.
- Creditor Distribution: Payments made to creditors in bankruptcy proceedings based on approved and confirmed claims.