Black out attribute in FTX

Do it professionally – black out attribute in FTX

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How to black out attribute in FTX

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you can argue that thereamp;#39;s no value in anything in crypto Iamp;#39;m totally amenable to that argument right Bitcoin is worthless possible maybe it has some intrinsic value I donamp;#39;t know but the difference is that you can show very easily that these s arenamp;#39;t worthless the number of people that agree bitcoins worth something it is a lot the distinction on this one specifically is thereamp;#39;s not a lot of people agreeing that thereamp;#39;s a market for this to be worth anything right not only that itamp;#39;s that none of the other participants in the market are docHub participants right like if one entity owns well over 80 percent and then another entity which is binance owns another like 10 itamp;#39;s almost entirely owned by them yeah that means that itamp;#39;s itamp;#39;s not realizable assets if you canamp;#39;t sell it again like itamp;#39;s kind of going back to like is the government a Ponzi scheme I mean maybe but if Iamp;#39;m going t

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Will everyone get their money back from FTX?

FTX says it will return money to most of its customers : NPR. FTX says it will return money to most of its customers 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.

What caused FTX to go under?

A surge of customer withdrawals due to concerns over this questionable financial valuation practice and unusually close relationship with Alameda pushed FTX and Alameda into bankruptcy and shook the volatile crypto market.

Why was FTX dumped?

The failed negotiations underscored the fact that FTX was never what it appeared to be, and that Bankman-Fried never built the underlying technology or administration necessary to run the company as a viable business, Dietderich said. Bankman-Fried has been convicted on fraud charges related to his operation of FTX.

What happens to my assets in FTX?

Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago. FTX, which filed for bankruptcy protection in November 2022, said in a court filing Tuesday that between $14.5 billion and $16.3 billion would be available for distribution.

Did all FTX customers lose their money?

FTX founder Sam Bankman-Fried, left, arrives at a federal courthouse in Manhattan on Feb. 16, 2023. Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago.

Why did everyone pull out of FTX?

The revelations prompted concern across the cryptocurrency industry that FTX was overly leveraged with Alameda Research, relied on precarious financial accounting metrics, and faced associated financial management risks.

What is the reason for FTX collapse?

What happened to FTX? FTX and FTX.US crashed due to a lack of liquidity and mismanagement of funds, followed by a large volume of withdrawals from rattled investors. The value of FTT plummeted, taking other coins down with it including Ethereum and Bitcoin, which docHubed a two-year low on Nov. 9, 2022.

Will FTX users get their money back?

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.

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