Bind stuff in FTX

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How to bind stuff in FTX

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weamp;#39;ve got 300 million to 1 billion dollars worth of real estate in the Bahamas that we personally at biblically crypto have filed a lawsuit against and weamp;#39;re trying to get those assets back in FTX users hands because they were embezzled funds number two youamp;#39;ve got 546 million dollars in another LLC thatamp;#39;s not in this bankruptcy number three we know John Ray the bankruptcy lawyer of FTX well guess what he has actually discovered an extra billion dollars floating around if youamp;#39;re keeping score thatamp;#39;s potentially 2.5 billion dollars is this really an insolvency hole or is this a case of hidden money

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How did FTX lose so much money?

The government relied heavily on the testimony of three former members of Bankman-Frieds inner circle, his top executives including his former girlfriend, Caroline Ellison, to explain how Bankman-Fried used Alameda Research to siphon billions of dollars from customer accounts at FTX. FTX founder Sam-Bankman-Fried convicted of defrauding - PBS PBS newshour economy ftx-found PBS newshour economy ftx-found

Will investors get their money back from FTX?

Almost all customers of collapsed cryptocurrency exchange FTX will get their money back and more, ing to a court filing. FTX estimates that it owes creditors around $11.2 billion.

What happened to my money in FTX?

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors.

What happens to my assets in FTX?

FTX was a global cryptocurrency exchange that facilitated spot, derivatives, and leveraged trading for commonly traded cryptocurrencies and NFT collectibles until it went bankrupt and its executives were convicted. CoinMarketCap. What Was FTX? An Overview of the Exchange - Investopedia Investopedia ftx-exchange-5200842 Investopedia ftx-exchange-5200842

Will I ever get my money out of FTX?

FTX has been able to monetise an extraordinarily diverse collection of assets, most of which were investments made by FTX or its investment company Alameda Research, it said. The vast majority of creditors - 98% - will get 118% of the amount due and receive it within 60 days of FTXs proposed plan coming into effect.

How is FTX paying back customers?

How is FTX able to repay its customers? FTX is repaying its customers through the liquidation of its assets, which have appreciated docHubly in value, and through the positive effects of a bullish cryptocurrency market. 3.

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