FTX announces next round of repayment schedule, distribution to begin on July 31
2026-05-27 00:39
Odaily Odaily reports that FTX has announced the record date for the next round of repayments as June 16, 2026, for users holding approved FTX claims and interests, with repayments expected to commence on July 31, 2026.
Meanwhile, the next payment for preferred shareholders will also be made on July 31, with the same record date of June 16. Holders of approved NFT customer interest claims can initiate the NFT distribution process starting June 30, 2026.
Additionally, FTX has submitted a revised notice proposing a reduction of approximately $600 million in the disputed claims reserve. Upon court approval, the released cash will be used for the next round of repayments.
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