Clear up chapter in FTX

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How to clear up chapter in FTX

4.8 out of 5

32 votes

laughs [Laughter] this is the mobile app from FTX now unresponsive apps from FTX are also no longer available in the App Store foreign Ty in binance books knowing how influential CZ is in the crypto world Iamp;#39;ve decided to exit from FTX choosing to trust CZ instead of SPF even when SBF had many supporters on 7th November regardless I started withdrawing my USD profits from margin Trading and also my available Terror Luna from Luna classic you can see there was once an avid user of FTX with more than 102 million of Luna Classic on 8th November I received this email telling me that my withdrawal has been processed Iamp;#39;ve also received this letter from my bank telling me that the transfer from FTX has been completed on 10th November ftex halted withdrawals looking back we should now know that this works from SBF could not be trusted on 11 November SBF resigned as CEO and found fpx for bankruptcy proceedings on 18 November the claims agent was announced foreign

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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 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.

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.

Are FTX customers getting money back?

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.

Is FTX able to pay back?

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. At a hearing Tuesday, the company will ask U.S. Bankruptcy Judge John Dorsey to sign off on open voting on the companys wind-down plan.

How much money will be recovered from FTX?

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.

What happened to my funds in FTX?

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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