FTX Announces Upcoming Creditor Distributions Timeline

FTX Trading Ltd. and the FTX Recovery Trust have provided an operational update regarding the next phase of creditor and stakeholder distributions under FTX's restructuring process.

The anticipated record date for the next distribution to holders of allowed claims and interests has been set for June 16, 2026, with distributions expected to commence on July 31, 2026. Payments to eligible Preferred Equity Holders are scheduled for July 31, 2026.

Holders of Allowed NFT Customer Entitlement Claims under the confirmed Chapter 11 Plan will become eligible to initiate the NFT distribution process beginning June 30, 2026, according to FTX.

As part of the ongoing claims reconciliation process, the entity filed an amended notice with the Bankruptcy Court seeking approval to reduce the disputed claims reserve by approximately $600 million, decreasing the reserve from $2.4 billion to $1.8 billion. If approved, the adjustment would make additional cash available for creditor distributions.

The upcoming distributions will be facilitated through designated Distribution Service Providers, including BitGo, Kraken, and Payoneer.