Clear up recipient in FTX

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Aug 6th, 2022

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How to clear up recipient in FTX

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if that did mean that like essentially a suit for Trends by Americaamp;#39;s targeting American retail had to be licensed um I think that could be reasonable if the question was letamp;#39;s letamp;#39;s acknowledge that the email protocol will be permissionless as a protocol yep but it was the law of the land in America that every email front-end provider required kyc from its users yeah because under the justification that we do not want people sending information back and forth to terrorists yep where would you stand on that position oh Iamp;#39;d be strongly against that position I think itamp;#39;d be I think why why would I be against it because I think that it I think itamp;#39;d be like against freedom of speech I think itamp;#39;d be disenfranchising a lot of people I think they would not trust and practice that it would do a good job so I agree with you on all that um I make any distinction here between for instance payments versus like derivatives contracts why why is

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What is the expected payout for FTX?

Under the proposed plan, almost all creditors are expected to receive over 100% of their claims, with those claiming $50,000 or less receiving about 118%.

How much will FTX customers get back?

Customers and creditors that claim $50,000 or less will get about 118% of their claim, ing to the plan, which was filed with the U.S. Bankruptcy Court for the District of Delaware. This covers about 98% of FTX customers.

How to claim FTX losses?

First, you need to import your trades from FTX. Then, CoinTracking will determine your capital gains/losses, and you can generate tax reports. In the US, you need to include crypto gains/losses on Form 8949 and Schedule D of your Form 1040.

Will FTX customers be made whole?

Andrew Scurria: What FTX is projecting is that most customers, 98%, which are the retail customers, individual traders, they will get back what they had invested as of the day FTX filed for bankruptcy plus interest to compensate them for the time value of their money, the little less than two years that their crypto

Did FTX pay back investors?

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.

How much will FTX investors get back?

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%.

Will FTX depositors get their money back?

Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago.

How much can I claim from FTX?

Under FTXs re-organisation plan, customers whose claims amount to US$50,000 or less will receive roughly 118 per cent of the amount of their allowed claim. About 98 per cent of creditors will receive this compensation. But some creditors have described the plan as insulting.

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