FTX Trading Ltd. and the FTX Recovery Trust have announced that the next round of creditor and equity distributions will commence on July 31, 2026. The record date for determining eligible recipients is set for June 16, 2026. Only those who have completed identity verification, submitted tax documentation, and registered their payment service provider accounts will be eligible. Payments will be processed through BitGo, Kraken, and Payoneer.
FTX has also filed a request with the bankruptcy court to reduce the disputed claims reserve by $600 million, potentially increasing available funds for distribution. The company continues to caution users against phishing scams and advises using official channels for submitting personal information. Meanwhile, settlements related to FTX's promotions are ongoing, with Prager Metis CPAs and former NBA player Udonis Haslem agreeing to pay $11.8 million and $420,000, respectively, pending court approval.
FTX to Initiate New Creditor Payments Starting July 31
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