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FTX Announces Next Round of Repayment Timeline, Distribution to Start on July 31

2026-05-27 00:39

Odaily Planet Daily News: FTX has announced that the registration date for the next round of repayments is set for June 16, 2026, for users holding approved FTX claims and entitlements. Repayments are expected to commence on July 31, 2026.

At the same time, the next payment for preferred stockholders will also be made on July 31, with the same registration date of June 16. Holders of approved NFT customer entitlement claims can initiate the NFT distribution process starting June 30, 2026.

Additionally, FTX has submitted a revised notice, planning to reduce the reserve for disputed claims by approximately $600 million. Upon court approval, the released cash will be used for the next round of repayments.