FTX creditors representative: The next round of fund distribution is expected on March 31, with total claims of approximately $9.6 billion

FTX creditor representative Sunil posted on the X platform, stating that the next round of fund distribution for FTX is expected to take place on March 31. Currently, the total reconciled claims amount to approximately $9.6 billion, of which: claims below $50,000 are about $780 million, claims above $50,000 are about $7.8 billion, and non-customer claims are about $1 billion.

Sunil also pointed out that the size of the dispute reserve has decreased by approximately $2.2 billion. If the subsequent allocation of about $2 billion is completed, it is expected that the claims category above $50,000 may receive about $1.7 billion in additional payouts. Overall, the recovery progress for FTX creditors continues to advance, and the pace of future distributions will still depend on the handling of disputed claims and the progress of asset liquidation.