Clear up account in FTX

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Aug 6th, 2022
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  1. Click New Document to add your FTX to your DocHub account.
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How to clear up account in FTX

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ski and weamp;#39;re live guys this is something I really look forward to I think we will all learn a lot today with us we have Deborah Deb kovsky or kavsky Iamp;#39;m not sure Iamp;#39;m pronouncing it right and youamp;#39;re a partner in the financial restructuring group at truthman pepper one of the largest most respected law firms in the U.S and I think in the world and you specialize in chapter 11 cases did I get this correct you did and thank you so much for having me on today thank you and just before we start promise to say that you cannot comment on the specific individual cases like Celsius or block five or Voyager or FTX because that could hurt your clients but you can help us understand how this works in general is that yes I got it right yes absolutely and of course nothing I say here is legal advice itamp;#39;s not intended to direct people to act on anything that I say this is just for educational purposes to help people understand you what are these preference clai

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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.
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.
Nearly all of FTXs former customers will get back almost 100% of the money they lost at the time of the cryptocurrency exchanges collapse if not more. FTX said in a statement Tuesday that it expects 98% of its creditors to receive approximately 118% of the amount of their allowed claims.
Go to your name, then settings, and scroll down to find the option to close the account. If you want to delete a single sub-account, click the designated button.
FTX customers will get their money back and morebut the biggest winners are bankruptcy traders. Sam Bankman-Fried, the former CEO of FTX, is serving a 25-year sentence. In a rare outcome for bankruptcy, customers of the failed cryptocurrency exchange FTX will recover all of their moneyand then some.
0:11 1:29 And its easier its far more simpler as well so what youll have to do is youll have to go to yourMoreAnd its easier its far more simpler as well so what youll have to do is youll have to go to your name. And then you will have to go to your settings. Right here. Once youre on your settings. What
0:00 3:52 Still has to be approved by the bankruptcy court here. Its worth noting that of course when.MoreStill has to be approved by the bankruptcy court here. Its worth noting that of course when.

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