Clear up street in FTX

Utilize this walkthrough to clear up street in FTX in a snap

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How to clear up street in FTX

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he docHubed out to Elon apparently while Elon was buying Twitter and offered to chip in 3 billion and he said Elon said that said his [] meter off because like elonamp;#39;s a serious dude you say heamp;#39;s like this guyamp;#39;s 3 million liquid for a billion rather 3 billion liquid like does he have that money right thatamp;#39;s a lot of money right say like weamp;#39;re gonna buy Twitter for 44. Iamp;#39;m in for three right three billion right thatamp;#39;s a crazy amount of money yeah and so Elon said that said his [] meter off right because like what where do you get the three billion yeah you canamp;#39;t just say that to that guy heamp;#39;s like oh cool heamp;#39;s not gonna just say oh cool heamp;#39;s gonna know basically what youamp;#39;re cutting can heamp;#39;s the [] heamp;#39;s the richest guy in the world right understands money right and he knows who really has that money and who may be laundering well who might be just kind of a crazy pers

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What happens to my money on FTX?

FTX says it will return money to most of its customers : NPR. FTX says it will return money to most of its customers 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.

How much money was stolen from FTX?

Bankman-Fried was found to have stolen at least $8 billion from FTX customers. He was also ordered to pay $11 billion today.

How much money was wiped out with FTX?

The collapse of FTX, caused by a spike in customer withdrawals that exposed an $8 billion hole in FTXs accounts, served as the impetus for its bankruptcy. Prior to its collapse, FTX was the third-largest cryptocurrency exchange by volume and had over one million users.

What led to the collapse of 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.

What happens if FTX goes under?

In November 2022, crypto exchange FTX suffered a major liquidity crisis and filed for Chapter 11. FTX created a wave of bankruptcies throughout the industry. In 2023, BlockFi, Genesis, and 3AC (a hedge fund), all of whom had money in or loaned to FTX, failed.

How much money did FTX steal?

NEW YORK, March 28 (Reuters) - Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkinds dramatic downfall.

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 money did the FTX collapse?

FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors. The exchange estimates that it has between $14.5 billion and $16.3 billion to distribute to them.

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