FTX Trust Sets Feb 14 Record Date, Eyes March 31 Cash Distributions to Creditors

FTX Recovery Trust has set February 14 as the creditor record date and, pending court approval to trim reserves for disputed claims, plans to begin cash distributions on March 31. The estate is also pursuing litigation against Genesis Digital Assets, alleging over $1 billion in improper transfers, while urging claimants to complete KYC and onboarding with approved partners.