Cut off topic in FTX

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Aug 6th, 2022
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How to cut off topic in FTX

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Taylor Swift might be the smartest pop star of her entire generation reports are that she dodged a major Bullet by refusing a promotion from FTX the bankrupt crypto trading firm now you might recall these class action lawsuits against Shaquille Oamp;#39;Neal Tom Brady Larry David and a whole bunch of financial YouTubers now weamp;#39;ve covered these lawsuits on the channel before basically the lawsuits themselves are legally extremely dubious and itamp;#39;s unlikely that the promoters could have done any extra due diligence on account of the you know fraud that FTX was perpetrating Taylor Swift actually came close to a reported 100 million dollar sponsorship but the plaintiffamp;#39;s attorney whoamp;#39;s suing all these celebrities said that quote the one person I found that did that due diligence was Taylor Swift in our Discovery Taylor Swift actually asked them can you tell me that these are not unregistered Securities so apparently Taylor Swift had this thing where she was

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What happened to FTX? FTX and FTX.US crashed due to a lack of liquidity and mismanagement of funds, followed by a large volume of withdrawals from rattled investors. The value of FTT plummeted, taking other coins down with it including Ethereum and Bitcoin, which docHubed a two-year low on Nov. 9, 2022.
Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago. FTX, which filed for bankruptcy protection in November 2022, said in a court filing Tuesday that between $14.5 billion and $16.3 billion would be available for distribution. Nearly all FTX customers are getting their money back: What to know latimes.com business story ftx-crypto- latimes.com business story ftx-crypto-
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.
$8bn At Bankman-Frieds sentencing hearing, Kaplan agreed. He said FTXs customers had lost some $8bn and that its investors had lost $1.7bn. Old-fashioned embezzlement: where did all of FTXs money go? | FTX theguardian.com business mar where-d theguardian.com business mar where-d
The FTX scandal was allowed to happen because its young and charismatic founder exploited the flashy new cryptocurrency industry to mask what was essentially old-fashioned embezzlement, in which he stole billions of dollars from investors.
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. FTX scam explained: Everything you need to know - TechTarget techtarget.com whatis feature FTX-sca techtarget.com whatis feature FTX-sca
FTX founder Sam Bankman-Fried testified Friday that his largest mistake was not having a dedicated risk management team and a chief risk manager at FTX. The result was no oversight for the bankrupt crypto exchange.

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