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One platform for global traditional assets
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A $600 million reserve is set to be slashed—if the court approves, they can release even more. Creditors have been waiting for this day for far too long.
Distribution is expected to begin on July 31, 2026, with preferred stock payments also on the same day.
Approved NFT rights claimants can start receiving NFT distributions from June 30.
FTX has submitted a modification notice, proposing to reduce the disputed claims reserve by approximately $600 million, which will be released for the next round of distribution after court approval.