FTX announced that it has set June 16 as the record date for the next round of creditor disbursements. Actual payments are scheduled to begin on July 31. Eligible recipients include approved FTX bond and equity holders, with payments to preferred shareholders following the same schedule. Creditors must complete KYC verification, submit tax documents, and register BitGo, Kraken, and Payoneer accounts before receiving payments. Additionally, approved NFT client claim holders can begin the NFT distribution process from June 30. FTX also stated that it has submitted an amendment to the court to reduce its disputed claims reserve by approximately $600 million, from $2.4 billion to $1.8 billion, explaining that if approved, the secured cash will be used as a source for the next disbursements.
