FTX has announced August 15 as the crucial record date for identifying bondholders qualified to receive redemption distributions. According to Unfold, your eligibility for this distribution hinges on holding FTX bonds on this specific date. Following this determination, FTX intends to initiate the redemption process, categorized by creditor class, commencing on September 30th. This redemption plan is fueled by the recent court decision, which reduced the disputed claims reserve from $6.5 billion to $4.3 billion, freeing up $1.9 billion for distribution. Bondholders should ensure their holdings are properly documented as of August 15th to facilitate a smooth redemption process starting next month. Monitor official FTX communications for updates. ```