FTX has begun a new repayment phase with about $900 million scheduled for distribution on July 31. This round applies only to creditors who completed the required checks by June 16 and successfully onboarded with one of the supported payout providers.
The current process limits distributions to users who can receive funds through BitGo, Kraken or Payoneer. That means creditors who did not finish verification in time, or who have not connected to an approved provider, are outside this payment window.
A major concern remains for creditors in 45 countries, who could see their claims put at risk within six months under the current framework described in the report. The issue appears tied to whether affected users can satisfy payout and onboarding requirements in places where available distribution options may be restricted.
The latest payment move marks progress in FTX’s long-running effort to return funds, but it also shows how access to repayment depends on more than claim approval alone. For many creditors, the next key date is July 31, while others still face uncertainty because of provider availability and jurisdiction-related hurdles.
