FTX Sets July 31 Payout Date As Creditor Recovery Enters Next Round

FTX has set June 16, 2026, as the anticipated record date for its next distribution to holders of allowed claims and interests. The next payout round is expected to begin on July 31, 2026, keeping one of crypto’s largest bankruptcy recoveries moving deeper into its repayment phase.

The same July 31 date is expected to apply to eligible holders of allowed preferred equity interests, also using June 16 as the record date. Holders of allowed NFT Customer Entitlement Claims will be eligible to begin the NFT distribution process on June 30, provided they complete the required steps through the FTX Customer Portal.

The update extends a recovery process that has already returned billions of dollars to former users. FTX had previously completed multiple repayment rounds, with earlier creditor activity tracked as the estate moved beyond the first major waves of distributions after the exchange’s collapse.

$600M Reserve Reduction Could Free More Cash

FTX also filed an amended notice with the Bankruptcy Court seeking to reduce its disputed claims reserve by about $600 million, from $2.4 billion to $1.8 billion. If approved, that reduction would release additional cash for holders of allowed claims in the next distribution.

That reserve adjustment matters because the recovery process still has to balance confirmed creditor payouts against unresolved claims, objections, transfers and litigation. FTX has already been using phased distributions to move cash back to allowed claimants while the estate continues working through disputed positions and recovery actions.

The estate’s payout timeline has remained a major crypto-market story because FTX still sits at the center of post-2022 legal and liquidity cleanup. Earlier repayment coverage showed FTX had already distributed $7.1 billion, while estate-linked wallet activity, including FTX and Alameda SOL unlocks, has kept traders watching how bankruptcy assets are managed.

Creditors Must Complete KYC, Tax And Provider Steps

The next distribution will be routed through BitGo, Kraken and Payoneer. Eligible creditors must complete KYC verification, submit required tax forms and onboard with an approved distribution service provider through the FTX Customer Claims Portal.

The process is strict for transferred claims. Distributions will only be made to the transferee holder of an allowed claim that is processed and reflected on the official claims register by the June 16 record date, after the 21-day notice period has passed without objection.