FTX Creditor Representative: Next round of fund distribution expected to be conducted on March 31

Techub News reports, FTX creditor representative Sunil tweeted that the next round of fund distribution by FTX is expected to take place on March 31. Currently, the total reconciled claims amount to approximately $9.6 billion, including about $780 million in claims below $50,000, about $7.8 billion in claims above $50,000, and about $1 billion in non-client claims. Sunil also noted that the size of the dispute reserve has been reduced by approximately $2.2 billion. If the subsequent distribution of about $2 billion in funds is completed, it is estimated that the claim category above $50,000 may receive an additional payout of about $1.7 billion. Overall, the progress of FTX creditor recovery continues to advance, and the pace of subsequent distributions will still depend on the handling of disputed claims and the progress of asset liquidation.