Blot out expense in FTX

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How to blot out expense in FTX

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How to blot out expense in FTX

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can I complain about about bankruptcy lawyers for a minute can you indulge me for one second because it just itamp;#39;s on my mind the FDX bankruptsy itamp;#39;s very high-profile Sullivan and Cromwell one of the largest law firms in the world do you know how much money they build in 2023 in connection with this Banky just take a guess is it is it100 billion do now itamp;#39;s half a billion dollars half a billion with a B $500 million Mo thatamp;#39;s $1.4 million per day not business day but every day Christmas Day I thought I thought I knew that but of course itamp;#39;s itamp;#39;s why would you know that million you you donamp;#39;t know that because itamp;#39;s a ridiculous number it sounds like I just made it up but I didnamp;#39;t make it up and how that is is protecting you know John Q public and these and these creditors who are trying to get their you know money out of this ecosystem while these guys are laughing all the way to the bank Iamp;#39;m sorry you know w

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Are FTX customers set to recover all funds lost plus interest?

FTX customers are set to recover all funds lost, plus interest. Bankruptcy lawyers say they have collected $14.5 billion to $16.3 billion and are ready to distribute it to defrauded customers.

What happened to my FTX money?

What about FTX customers? FTX now says that 98% of its creditors, including individual investors who had US$50,000 or less with FTX, will receive the funds they lost. Payments will be made in cash within 60 days of a reorganisation plan going into effect.

Will people get 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.

How do I claim money from FTX?

Using the Customer Claims Portal Step 1: Login. Step 2: Email Verification. Step 3: Providing Know Your Customer Information. Step 4: Review Account Balances. Step 5: View Your Proof of Claim Status. Step 6: Voting. Step 7: Distributions - Tax Requirements. Step 8: Distributions - Payout Options.

What happened to my funds in FTX?

While some could recover as much as 142% of what they held, the vast majority are likely to receive 118%. The specific pay day is estimated to be months away. While the gains are unusual and impressive, the biggest winners in the FTX affair are those who trade bankruptcy claims.

Are FTX customers getting money back?

FTX now says that 98% of its creditors, including individual investors who had US$50,000 or less with FTX, will receive the funds they lost. Payments will be made in cash within 60 days of a reorganisation plan going into effect. However, this plan still needs to be approved by a US bankruptcy court and by creditors.

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Blot out expense in FTX with our multi-purpose editing solution

How to blot out expense in FTX

PDF editing simplified with DocHub

Drive efficiency with the DocHub add-on for Google Workspace

How to blot out expense in FTX

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Got questions?

Are FTX customers set to recover all funds lost plus interest?

What happened to my FTX money?

Will people get their money back from FTX?

How do I claim money from FTX?

What happened to my funds in FTX?

Are FTX customers getting money back?

See why our customers choose DocHub

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