Rumors are circulating on social media that the FTX bankruptcy estate will begin distributing reimbursement funds to creditors and customers on September 30, 2024. However, the rumors are false, as the reimbursement plan has not yet been approved by a court of law.

According to the updated Chapter 11 filing, the next court hearing to confirm the restructuring plan is October 7, 2024. If the plan is approved, smaller claimants with claims under $50,000 may begin receiving distributions by the end of 2024.