Blot textbox in FTX

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How to blot textbox in FTX

4.7 out of 5

66 votes

itamp;#39;s incredibly likely that youamp;#39;re gonna have to wait for a bankruptcy proceeding to occur probably going to get five to ten percent of your assets back

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What is the mistake of FTX?

FTX founder Sam Bankman-Fried testified Friday that his largest mistake was not having a dedicated risk management team and a chief risk manager at FTX. The result was no oversight for the bankrupt crypto exchange.

What are the ethical dilemmas of FTX?

Some of the failures at FTX include unreliable financial statements, mishandling of confidential data, diversion of corporate funds to purchase homes for employees, poor recordkeeping, and a lack of centralized control of company cash.

How to get FTX tax documents after crash?

Navigate to your FTX US account and find the option for downloading your complete transaction history. Import your transaction history directly into CoinLedger by mapping the data into the preferred CSV file format. CoinLedger automatically generates your gains, losses, and income tax reports based on this data.

What happened to all the money in FTX?

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.

Will the FTX recover?

The FTX has constantly failed to regain momentum, resulting in the altcoin recording a YTD of -56.11% in valuation. Furthermore, the Simple Moving Average (SMA) displays a bearish convergence in the chart, suggesting the price will continue losing value in the coming time.

What caused FTX to 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.

What went wrong with 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.

What happened with FTX crypto scandal?

The FTX scandal was allowed to happen because its young and charismatic founder exploited the flashy new cryptocurrency industry to mask what was essentially old-fashioned embezzlement, in which he stole billions of dollars from investors.

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