PANews reported on March 19th that FTX announced it will launch its fourth distribution, amounting to approximately $2.2 billion, on March 31st, to facilitated and non-facilitated claim holders who have fulfilled the relevant requirements. Eligible creditors will receive funds from their chosen distribution servicer within one to three business days of the distribution’s initiation. FTX also set April 30th as the recording date for preferred stock holders, with corresponding payments to be made on May 29th. FTX reminds customers to be wary of phishing emails and fraudulent websites impersonating official portals.
