Clear up questionaire in FTX

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How to clear up questionaire in FTX

4.8 out of 5

60 votes

Iamp;#39;m going to get the money back thatamp;#39;s whatamp;#39;s going to happen and where the chips fall I have no idea whoamp;#39;s going to jail I have no idea who was fraudulent I have no idea but I will find out I can tell you that because this is 100 audible 100 I donamp;#39;t care if it takes three four five six seven years doesnamp;#39;t matter to me you canamp;#39;t take my money and expect me to do nothing I go after it just as other institutions will do the same thing every lawyer and his dog is going after this thing right now trying to figure out what happened but we donamp;#39;t know anything yet so why donamp;#39;t we just get the facts first and if sand bankman freed can shine light on the facts because from what I understand heamp;#39;s been kicked out of the company has no access to even his emails he has no information past the moment the company went into chapter 11. so heamp;#39;s one piece of the puzzle but we also have to talk to those that are going

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Did FTX customers get their 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.

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 exactly happened to 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.

Will everyone get their money back from FTX?

0:00 3:52 Thousand dollars 61 62 000 if you want to round up at home so all these things considered. TheresMoreThousand dollars 61 62 000 if you want to round up at home so all these things considered. Theres kind of a a hefty Delta.

How much customer money did FTX lose?

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 did FTX customers lose?

ing to the prosecution, Bankman-Fried stole billions of dollars from the crypto exchanges customers out of sheer greed. One key issue was how much money FTXs customers lost. During the trial, the prosecution and its witnesses repeatedly in fact, 97 times put that number at $US8 billion ($12 billion).

What happened to people with 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.

How much of the FTX money was recovered?

Sam Bankman-Fried resigned as CEO and the company filed for bankruptcy. FTX said Tuesday it had recovered assets associated with the exchange at the time of its collapse with an estimated value of between $14.5 billion and $16.3 billion.

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