Ostium Recovery Plan Repays 3,321 Wallets In Full, Leaves 345 To Choose

Ostium's recovery plan will return all funds to 3,321 wallets that suffered losses of $1,000 or less, with the claims portal scheduled to open on Wednesday. Those smaller claimants are set to receive full reimbursement automatically under the terms announced. Ostium has designated a separate process for larger losses.

A group of 345 wallets, which together hold at least 86% of the $23.8 million shortfall, must choose between two options: an immediate $1,000 payment or a pro-rata claim on any remaining funds Ostium manages to recover. The choice lets large creditors opt for a guaranteed small sum now or participate in a later distribution tied to ongoing recovery efforts.

The structure effectively prioritizes making smaller claimants whole quickly while concentrating the uncertainty and potential upside of further recoveries among the largest creditors. The outcome will determine how much of the remaining loss is resolved through future recoveries versus fixed payouts.

Ostium's portal opening on Wednesday is the next operational milestone in the plan, enabling affected wallets to receive reimbursements or make their selections. The announcement did not specify timelines for any additional recoveries or the mechanics of pro-rata distributions beyond the choice offered to the 345 larger claimants.