FTX announces next round of repayment schedule, distribution to begin on July 31
2026-05-27 00:39
Odaily Planet Daily reports that FTX has announced the next round of repayment registration date as June 16, 2026, targeting users holding approved FTX claims and equity. Distributions are expected to begin on July 31, 2026.
Meanwhile, the next payment for preferred shareholders will also occur on July 31, with the same registration date of June 16. Holders of approved NFT customer claims will be able to start the NFT distribution process from June 30, 2026.
Additionally, FTX has filed an amended notice proposing to reduce the disputed claims reserve by approximately $600 million. Pending court approval, the freed-up cash will be used for the next round of repayments.
