Collapsed crypto exchange FTX Trading Ltd. said it willbegin a new round of creditor payments on March 31, 2026, as part of itsChapter 11 restructuring process.Earlier in 2025, thecompany began returning funds under the plan, starting with a $7 billion payoutin February. A second distribution of about $5 billion followed in May.Recoveries were expected to range between 54% and 120%, with payments madethrough providers such as BitGo and Kraken.FTX Starts Fourth Creditor Payout RoundTogether with the FTX Recovery Trust, FTX said the fourthdistribution will cover holders of allowed claims in convenience andnon-convenience classes who have completed required steps.Join the inaugural FinanceMagnates Singapore Summit 2026, which will bring together brokers,fintechs, banks, EMIs, wealth managers, and hedge funds across APAC.Eligible creditors are expected to receive funds within oneto three business days from March 31. Payments will be processed throughselected providers, including BitGo, Kraken, and Payoneer.The payouts follow priorities set out in the court-approvedplan. Certain claim classes will receive incremental or full recoveries in thisround.Dotcom customer entitlement claims will receive anadditional 18%, bringing total recoveries to 96%. U.S. customer entitlementclaims will receive 5%, reaching 100%.General unsecured and digital asset loan claims will eachreceive 15%, also reaching full recovery. Convenience claims will total 120% incumulative distributions.🚨LATEST: "WE CAN'T HAVE ANOTHER FTX" SAYS CFTC CHAIRSpeaking on the All-In podcast, CFTC Chair Michael Selig spoke about the risks involved in blockchain and financial innovation.He spoke about fraud and market manipulation but, most importantly, he clarified a commitment to… pic.twitter.com/zPruQx74dK— BSCN (@BSCNews) March 16, 2026Preferred Shareholders Scheduled for May PaymentFTX said customers who onboarded with a distributionprovider have “irrevocably elected to forego” direct cash payments.Distributions are instead sent to the selected provider.The company said issues related to fund availability shouldbe directed to the provider. FTX also set a timeline for preferred shareholders. An April30, 2026 record date has been scheduled for a May 29, 2026 payment.Creditors must complete several steps to qualify for futuredistributions, including logging into the claims portal, completing identityverification, submitting tax forms, and onboarding with an approved provider.This article was written by Tareq Sikder at www.financemagnates.com.