FTX Recovery Trust is set to distribute approximately $2.2 billion to creditors on March 31, marking the fourth payment under the exchange’s Chapter 11 restructuring plan. This installment significantly increases recovery rates for many claimants, with several customer categories reaching full repayment and Class 7 expected to receive a cumulative 120 percent. The update was discussed in CoinDesk's "CoinDesk Daily," hosted by Jennifer Sanasie, highlighting ongoing developments in the cryptocurrency bankruptcy process.
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