FTX bankruptcy case has new developments. According to the latest announcement, this former crypto exchange giant plans to initiate the next round of fund distribution on February 14, 2026, targeting approved claimants and stakeholders. The actual distribution execution is expected to be delayed until March 31.

In order to direct more cash flow to this distribution, the FTX team submitted a revised notice to the bankruptcy court, intending to cut the disputed claim reserve by $2.2 billion — of course, this move still requires court approval. In other words, they are releasing previously frozen funds to accelerate payments to creditors.

It is worth noting that FTX also reminded all users to stay vigilant and beware of scams impersonating the official. In such large bankruptcy cases, scammers often jump on the hype, pretending to be official representatives to contact victims.