<div id="readability-page-1"><div><ul><li>FTX Recovery Trust will distribute about $2.2 billion to creditors on March 31 in its fourth payout under the exchange’s Chapter 11 plan, with funds arriving via BitGo, Kraken or Payoneer.</li><li>The latest distribution lifts recovery rates so that many customer claim classes, including U.S. customers in Class 5B and Classes 6A and 6B, reach 100 percent, while Class 7 is set to receive a cumulative 120 percent.</li><li>The estate has set April 30 as the record date and May 29 as the payment date for its first distributions to preferred equity holders, who must complete ownership, KYC and tax documentation to qualify.</li></ul></div></div>

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<p>FTX Recovery Trust will distribute $2.2 billion to creditors on March 31 as part of its Chapter 11 plan. This payout will enable many customer claim classes, including U.S. customers in Class 5B and Classes 6A and 6B, to achieve 100% recovery, while Class 7 will receive 120%. The record date for preferred equity holders is set for April 30, with payments scheduled for May 29, contingent on completion of ownership, KYC, and tax documentation.</p>

- FTX Recovery Trust will distribute approximately $2.2 billion to creditors on March 31 as part of its Chapter 11 plan.  
- This payout will increase recovery rates, allowing U.S. customers in certain classes to receive up to 120 percent of their claims.  
- Preferred equity holders must complete documentation by April 30 to qualify for distributions scheduled for May 29.

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Sam Bankman-Fried's bankrupt exchange FTX set to repay creditors $2.2 billion this month