FTX Payout Date Set for July 31: June 16 Eligibility, Reserve Cut Filed

FTX Trading Ltd. and the FTX Recovery Trust set the next FTX payout date for July 31, 2026, under the confirmed Chapter 11 plan. The record date is June 16, 2026, which determines eligibility for holders of allowed creditor claims and interests. To receive payment on the FTX payout date, eligible users must complete pre-distribution steps, including KYC verification, submitting tax forms, and onboarding with approved distribution providers: BitGo, Kraken, and Payoneer. FTX also clarified that claim transfers are only payable to the transferee listed on the official claims register as of the June 16 record date, and the transfer must have completed a required 21-day notice period without objection. Preferred equity holders follow the same July 31 timeline if they complete KYC, tax documentation, ownership certification, and onboarding (with BitGo or Payoneer for those not paid as of May 29). NFT customers have a separate process: eligible holders can start the NFT distribution workflow on June 30 through the FTX Customer Portal by opting in, meeting pre-distribution requirements, and providing a valid wallet address. Separately, FTX filed an amended notice to reduce its disputed claims reserve by $600M (from $2.4B to $1.8B), pending court approval, but it did not disclose the final amount expected for the next FTX payout date. For crypto traders, this is mostly bankruptcy-operations news, not token fundamentals. Clearer timing can modestly improve creditor confidence, which is typically a neutral-to-slightly supportive sentiment catalyst rather than a direct price driver.