A new wave of payments from FTX is expected in April, a large number of experienced clients will be reimbursed

The cryptocurrency platform FTX, which filed for bankruptcy in 2022, received court approval for its reorganization plan in January 2025. This plan aims to fully reimburse clients, utilizing approximately US$8.1 billion in assets recovered since the collapse of the exchange.

The restitution process began on February 18, 2025, with the first round of payments intended for creditors with claims of up to US$8.1 million. So far, about US$8.1 million has already been distributed, benefiting approximately 162,000 accounts. The next round of reimbursements is scheduled for April 11, 2025, covering larger amounts and creditors who have not yet received their payments.

The reimbursement plan was structured based on a series of agreements involving clients, creditors, U.S. government agencies, and liquidators responsible for FTX's international operations. The priority is to reimburse the clients of the cryptocurrency exchange before addressing other claims. FTX plans to reimburse 98% of its clients — those who had up to US$8.1 million on the platform — within 60 days.

The approval and implementation of this plan represent a significant advancement in the attempt to mitigate the impacts of FTX's collapse on its investors and the cryptocurrency market in general. FTT

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