Black out clause in FTX

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Aug 6th, 2022
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How to black out clause in FTX

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hey whatamp;#39;s going on guys Aaron here welcome to the video FTX just released their disclosure statement Iamp;#39;m going to go through the highlights of that and also talk about Celsius Network Sam bakeman freed we have machinski Iamp;#39;m just going to talk about the differences between their plans whoamp;#39;s getting paid out more who got screwed more and all of that so starting out Iamp;#39;m just going to go through a list of things basically if you have a claim in FTX less than $50,000 you you will be getting 118% of your claim very soon after the plan is confirmed so that could be the end of this year if your claim is above $50,000 you will get between 127% and 142% of your claim and that will be probably over the course of many years the cftc actually wanted the individual creditors to get more money but the IRS still has a $200 million claim talking about clawbacks you will not be pursued for clawbacks or preference actions like what is happening with celsius if you

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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. Nearly all FTX customers are getting their money back: What to know latimes.com business story ftx-crypto latimes.com business story ftx-crypto
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.
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.
$8bn At Bankman-Frieds sentencing hearing, Kaplan agreed. He said FTXs customers had lost some $8bn and that its investors had lost $1.7bn. Old-fashioned embezzlement: where did all of FTXs money go? | FTX theguardian.com business mar where theguardian.com business mar where
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 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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