Expunge personal information in FTX

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Aug 6th, 2022
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How to expunge personal information in FTX

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other binance is officially walked away from buying FTX FTX is on the verge of bankruptcy ftxamp;#39;s books were so jacked up that binance was like nah you know what we donamp;#39;t want to touch this but how bad was it well apparently FTX has an 8 billion dollar hole in their balance sheet but how did this happen to the second largest cryptocurrency Exchange in the world well it seems like the founder of FTX Sam bankman freed was doing some sketchy Sam loaned out 10 billion dollars of FTX customer deposits to his other company his other company was a crypto hedge fund called Alameda research Alameda research decided to use that 10 billion dollars and make some high-risk d-gen trades and ended up losing all that money so essentially Sam gambled his customers deposits to make some insanely high-risk trades and lost so when these rumors started flying and everybody decided to withdraw their money from FTX they didnamp;#39;t have it and thatamp;#39;s why they had to Halt withdrawals

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FTX customers are getting back all the money they lost in the crypto exchanges collapse / The former crypto exchange expects 98% of its creditors to receive approximately 118% of the amount of their allowed claims. This.
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.
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.
Almost all customers of collapsed cryptocurrency exchange FTX will get their money back and more, ing to a court filing. FTX estimates that it owes creditors around $11.2 billion. FTX said that it has between $14.5 billion and $16.3 billion to distribute to creditors.
At Bankman-Frieds sentencing hearing, Kaplan agreed. He said FTXs customers had lost some $8bn and that its investors had lost $1.7bn.
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.
Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago.
In order to submit a claim you will first need to create an account on the FTX Digital Claim Portal. Once you have created your account you will be able to link your FTX accounts, view the account balances (per the JOLs records) and submit a claim.

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