Black out evidence in FTX

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

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FTX announced they were working on creating a stable coin November 2nd 2022 the balance sheet of FTX is leaked to coindesk a dcg controlled media arm November 9th CZ dumps ftt and the rest is history I would like to submit his evidence FTX getting brought down yes they were insolvent yes it was their fault more tied to this article than any article that youamp;#39;ve ever read stable coins this is where the banks plan to control crypto plan to control privacy make it where you canamp;#39;t spend your own money itamp;#39;s dangerous dangerous dangerous territory

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On Oct. 12, prosecutors played portions of a secretly made recording of a November 2022 all-hands Alameda employee meeting during which Ellison revealed the firm had been siphoning billions of dollars in FTX customer funds and was on the verge of collapse. Key moments from trial of former FTX CEO Sam Bankman-Fried go.com story go.com story
FTXs balance sheet was leaked and showed there was a lack of diversification and the two companies were tied too closely together. The balance sheet listed $9 billion in liabilities and $900 million in assets, with poorly labeled entries showing a negative $8 billion balance. FTX scam explained: Everything you need to know - TechTarget techtarget.com whatis feature FTX-sc techtarget.com whatis feature FTX-sc
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.
Bankrupt Crypto Firm FTX Is Going to Pay Customers Back in Full Plus Interest A majority of customers would get at least 118% of their money back under a proposed plan, as the company now has up to $16.3 billion in cash to use.
ing to the prosecution, Bankman-Fried stole billions of dollars from the crypto exchanges customers out of sheer greed. One key issue was how much money FTXs customers lost. During the trial, the prosecution and its witnesses repeatedly in fact, 97 times put that number at $US8 billion ($12 billion).
For instance, Bankman-Fried directed co-conspirators to alter FTXs computer code to allow Alameda to withdraw effectively unlimited amounts of cryptocurrency from the exchange. Bankman-Fried also made false statements to financial institutions to conceal his misuse of customer dollar deposits. Samuel Bankman-Fried Sentenced to 25 Years for His Orchestration of justice.gov opa samuel-bankman-fried- justice.gov opa samuel-bankman-fried-
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.
Sam Bankman-Fried, the CEO of the exchange, was sentenced to 25 years in prison and ordered to repay $11 billion. Scores of investors and customers pulled their funds out of FTX, forcing the exchange to become insolvent and declare bankruptcy. The Collapse of FTX: What Went Wrong With the Crypto Exchange? investopedia.com what-went-wrong-with investopedia.com what-went-wrong-with
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.
People who lost their money in FTX, once one of the biggest cryptocurrency exchanges in the world, are to be paid back, with interest. Billions were lost when the cryptocurrency exchange headed by convicted fraudster Sam Bankman Fried went bust in November 2022, with an estimated one million customers losing funds.

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