Clear up mark in FTX

The best way to clear up mark in FTX

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How to clear up mark in FTX

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the day looked 24 hours after Bernie admitted to his son that he you know had perpetrated a big fraud he was in handcuffs and he was my neighbor here in North Carolina for a number of years before he passed uh you know in prison so look the fact that that SBF is on a press tour uh and not in a jail cell is incomprehensible hey guys welcome back to Library of wealth today we have Mark yusco giving us an update on the collapse of FTX as well as the inside dealings that have went on behind the scenes for the past few weeks the crypto Market is fair to degree of uncertainty that we rarely ever see with Sam Bateman freed coming out in recent days to run damage control itamp;#39;s produced even more questions Mark yusco discusses the corruption with FTX and the people connected to SBF that allowed him to move his companyamp;#39;s money around virtually undetected for the last three years weamp;#39;re getting new information now that not only exposes Alameda and the SEC but now we

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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.

How much will FTX pay back?

Since filing for bankruptcy, FTX has recovered up to $16 billion to repay customers, including about $12 billion in cash, and it says it will repay all customer claims in full, with interest.

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 much of FTX money is missing?

At Bankman-Frieds sentencing hearing, Kaplan agreed. He said FTXs customers had lost some $8bn and that its investors had lost $1.7bn.

How much of FTX money is recovered?

The exact value customers will be repaid depends on the type of claim they filed. 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.

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