FTX Trading Ltd. and the FTX Recovery Trust announced on May 27 that the next anticipated registration date for users holding approved FTX claims and interests is June 16, with repayments expected to begin July 31. On the same day, FTX filed to reduce the dispute claims reserve from $2.4 billion by approximately $600 million to $1.8 billion.
Confirmation of payout schedules for three types of claim holders
According to FTX’s official announcement, users holding approved FTX general claims and common interests will have a registration date of June 16, 2026, with payouts starting July 31, 2026. The next payment for preferred shareholders is also set for July 31, 2026, with the registration date the same as June 16, 2026; preferred shareholders who had not received payment as of May 29, 2026 must complete pre-payment requirements such as KYC verification, tax form submissions, proof of ownership, and completing registration on BitGo or Payoneer. Qualified NFT claim holders can begin the NFT allocation process starting June 30, 2026, but must first complete the pre-allocation requirements (PDR), choose to opt in, and complete step 10 in the FTX customer portal (claims.ftx.com).
Dispute claims reserve cut: modification filed with the court, awaiting approval
A modification notice filed by FTX on May 27 with the bankruptcy court shows that the application is to reduce the dispute claims reserve from $2.4 billion to $1.8 billion, a reduction of approximately $600 million. FTX’s announcement states that if the court approves, the released cash will be used to pay holders of approved claims in the next round of distributions. As of the publication of the announcement, the above reduction request is still pending court approval, and the approval date has not been disclosed.
Pre-allocation requirements and official anti-scam warning
All claim holders must complete KYC (know your customer) verification, submit the required tax forms, and complete registration with one of the service providers: BitGo, Kraken, or Payoneer, before receiving payouts. For claim transfers, distributions are only made to transferees whose transfers have been processed in the official claims registry as of the June 16, 2026 record date, provided the 21-day notice period has passed and no objections were received. An official statement from the FTX Recovery Trust is clear: the FTX Recovery Trust will absolutely never ask users to link their wallets; customers should beware of phishing emails posing as official FTX emails, and if in doubt should contact FTX customer support to confirm authenticity.
FAQ
Who is eligible to receive FTX’s next payout?
Holders of approved FTX claims and interests who have completed all pre-allocation requirements (KYC verification, tax form submission, and registration on BitGo, Kraken, or Payoneer). For the specific eligibility conditions, refer to the official FTX portal (claims.ftx.com).
Has the $600 million dispute claims reserve reduction been confirmed as effective?
FTX filed the modification notice on May 27, but this reduction application will only take effect after the bankruptcy court approves it. The announcement does not disclose the expected approval date.
What steps do NFT claim holders need to complete?
Qualified NFT claim holders must complete the pre-allocation requirements (PDR), proactively opt in, and provide a valid wallet address. After completion, log in to the FTX customer portal (claims.ftx.com) to enter step 10 and start the allocation process. The allocation eligibility start date is June 30, 2026.
