Clean up expense in FTX

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Aug 6th, 2022
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How to clean up expense in FTX

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this video is going to be on FDX if youamp;#39;re looking for the latest updates probably not going to be this video because I have so many videos I still have to do on the subject and Iamp;#39;m super busy so Iamp;#39;m probably not going to be the most up-to-date Source on this whole story but as of right now SPF is out on bail so heamp;#39;s not in prison at the moment obviously he has been charged by everybody by the FTC and whatever and he keeps tweeting I donamp;#39;t know why heamp;#39;s still active on Twitter and he also has a sub stack which is kind of hilarious that he is now using this platform which was the alternative media platform where the people who were canceled or their voices werenamp;#39;t really heard were going so journalists would leave large companies and they would go and make their own subject and now SPF has its own sub stack too obviously explaining always the same things he is saying that FTX us is completely solvent could make all of the users who

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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.
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.
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.
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims in cash within 60 days of court approval, ing to new documents filed Tuesday evening.
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.
Since its bankruptcy filing in 2022, FTXs new management has been able to recover $16 billion to pay back customers, and has said it plans to repay them in full.
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.
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. Sorry, a summary is not available for this article at this time. Please try again later.

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