FTX Payout Schedule and Creditor Requirements
FTX creditors must complete specific procedures by February 14, 2026, to qualify for upcoming payout distributions. The next distribution is scheduled for March 31, 2026, as announced by representative Sunil on the X platform. This payout plan addresses billions in recovered assets but currently excludes certain jurisdictions, which impacts global creditor recovery efforts.
Key Actions for March 2026 Payout
Sunil Kavuri's recent update emphasizes that creditors need to adhere to stringent deadlines and requirements to secure their compensation under the new FTX payout schedule. He outlined that necessary actions involve KYC verification, submission of a W-8 BEN form, and selecting a distribution agent before the February 14, 2026, deadline. The FTX distribution plan, under the oversight of John J. Ray III, aligns with efforts to recover significant amounts of funds for various claimant classes. This reinforces FTX's commitment to proceeding with orderly compensations for affected users, with the next major payout set for March 31, 2026.
"A lot of claims are from jurisdictions not eligible for FTX distributions at the moment which include: Russia, China, Egypt, Nigeria, Ukraine. FTX is reviewing options." - Sunil Kavuri, FTX Creditor Champion
Jurisdictional Barriers and Legal Implications
In the initial 2025 payout phase, $800 million was distributed to 162,000 accounts. However, jurisdictional exclusions have left creditors from over 20 countries seeking alternatives. The Coincu research team suggests that FTX's straightforward procedures might see lesser financial hurdles, though compliance with jurisdictional jurisdictions remains a barrier. Legal frameworks are being evaluated, potentially changing future payout mechanisms and ensuring smoother transactions for global creditors.
Ethereum Market Performance
Ethereum (ETH) currently trades at $3,315.62, showcasing a 0.60% increase over 24 hours. Its market capitalization stands at 400,177,754,886, holding a 12.38% market dominance. Over the last 30 days, ETH has increased by 18.23%, highlighting notable price volatility.
