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The FTX recovery trust has announced that a new distribution worth $2.2 billion will take place on the 31st of March 2026.
Various payment options for the affectedees are available, including BitGo, Payoneer, and the Kraken crypto exchange, and they are likely to reach their destinations within 1-3 working days. The crypto community is abuzz with speculation about where this considerable amount will be spent by the victims of the FTX scam and whether it will significantly affect the market.
The latest recovery of funds was met with sighs of relief by the creditors and marks a significant milestone in the ongoing Chapter 11 proceedings, helping bring relief to the aggrieved party. Recovery values have improved sharply over the 4-5 years of the disbursement effort, largely due to a sharp increase in Bitcoin’s price, now approaching 120% in some cases.
Previous distributions include the first payment on February 18, 2025, the second on May 30, and the latest on September 30. The upcoming recovery is the second-largest in dollar terms to date and has been considerably delayed because of certain constraints. Approximately $9-$10 billion has been returned to victims of the FTX scam so far, making it one of the largest such exercises in history.
The recoveries are being used by disgraced former CEO Sam Bankman-Fried to seek a retrial amid news of fresh witnesses coming forward in his favor. The former crypto executive has also taken a habit of trying to catch President Donald Trump’s attention by praising him through multiple tweets. However, the White House has categorically denied that he is looking to grant SBF a pardon, reportedly because of SBF’s past ties with the democratic party.
 
Will FTX Creditors Reinvest in Crypto?
In a recent tweet, popular crypto analyst Ash Crypto discussed this important question. According to him, previous patterns show that FTX affectees are likely to reinvest 40-60% of the funds into BTC and ETH within 30 days of disbursement. The move will make April an interesting month for the crypto market.
While $2.2 billion is unlikely to sway the entire market, it cannot be taken lightly, especially if it is redirected to the derivatives market. While many of these investors are known to invest only in the spot market, there is no way to know for sure what the users will do with the money.
One X user tweeted:
Another user had a humorous reply:
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