PANews reported on July 24 that according to PR Newswire, FTX announced that the registration date for the next round of compensation will be August 15, and it is expected to be implemented on September 30. This round of compensation is for approved fifth-category customer claims, sixth-category ordinary unsecured claims, and newly approved convenience claims since the last compensation. At the same time, the court approved the reduction of the disputed claims reserve from US$6.5 billion to US$4.3 billion, releasing US$1.9 billion for this round of compensation. The compensation will be executed through three institutions: BitGo, Kraken and Payoneer.

Creditors must complete KYC verification, submit tax forms and choose a designated compensation channel before August 15. For the transfer of claims, the procedures must be completed before the registration date and the 21-day objection period must be passed. After the funds arrive at the service provider's account, they will be managed by the creditor.