Black out state in FTX

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How to black out state in FTX

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Iamp;#39;m still a huge advocate for the potential of blockchain and cryptocurrencies Iamp;#39;m disappointed like many other shareholders in a way though I always try and find what is the outcome of something like this I mean yes Iamp;#39;m a shareholder in the international thatamp;#39;s a zero itamp;#39;s not the first time Iamp;#39;ve made a bad investment probably not the last time but luckily I make more good ones than bad ones when I learn from my mistakes whatamp;#39;s going to happen now is there wonamp;#39;t be another situation like this where institutional investors ever again weamp;#39;re simply not going to put Capital work until this stuff gets regulated and what is occurring and Iamp;#39;m just one voicing it whatamp;#39;s what Iamp;#39;m going to be doing is Iamp;#39;m going to fly to Washington and I want regulation I want it now no more delay

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Did FTX say it can repay most creditors?

FTX said Tuesday it had recovered assets with an estimated value of between $14.5B and $16.3B. FTX has recovered enough assets to pay most of its creditors back in full, the failed crypto exchange said late Tuesday.

Did customers lose money in FTX?

At Bankman-Frieds sentencing hearing, Kaplan agreed. He said FTXs customers had lost some $8bn and that its investors had lost $1.7bn.

How did FTX recover $5 billion?

They tapped a wide range of sources, including digital currencies that FTX still owned when it filed for bankruptcy and company assets like shares in start-ups, which could be sold to bidders. The amount that FTX recovered is in general pretty unheard of, said Yesha Yadav, a law professor at Vanderbilt University.

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.

Are FTX customers getting money back on Reddit?

Most FTX customers to get all their money back less than 2 years after collapse : r/news.

Has anyone gotten their money back from FTX?

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.

Will Tom Brady get FTX money back?

FTXs shareholders people like Tom Brady and private equity firms like Sequoia Capital are almost certain to see their equity in the once high-flying crypto startup totally wiped out. Although FTX said it would have as much as $16 billion to disburse, customers and Uncle Sam get paid out first.

What led to the collapse of FTX?

FTX crashed due to mismanagement of funds, lack of liquidity and the large volume of withdrawals. Binance announced it would buy FTX to prevent a larger market crash, but quickly bailed out of the deal as more news reports of mishandled customer funds surfaced.

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