The FTX Recovery Trust has announced important updates regarding the next round of creditor payouts, providing clarity for those awaiting compensation.
The Trust has set August 15 as the record date for its next creditor distribution, with payments expected to be processed around September 30, according to a July 23 statement from the organization.
This upcoming payout will cover approved claims in two categories: Class 5 Customer Entitlement Claims and Class 6 General Unsecured Claims, as outlined in the confirmed reorganization plan. The Trust continues to work diligently to ensure all eligible creditors receive their proper distributions.
For more detailed information about the FTX creditors' payout schedule and eligibility requirements, you can read the full announcement regarding FTX creditors receiving their next round of payouts by September 30. This comprehensive report includes additional context about the distribution process.
The FTX Recovery Trust remains committed to transparent communication throughout this process and will continue to provide updates as the distribution timeline progresses. Creditors are encouraged to monitor official channels for any additional announcements or changes to the schedule.