Fix subject in FTX

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How to fix subject in FTX

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Mr Oamp;#39;Leary I know that you are a big supporter of crypto even after you lost 10 million dollars in ftxamp;#39;s collapse but you are an experienced investor so let me ask you do you believe that the potential benefits of crypto are so promising that we should accept weaker anti-money laundering rules we should apply the same regulatory structure that we apply to existing trading of stocks and bonds an exchanges tied to broker dealers that is not complicated itamp;#39;s already been implemented in other countries and so and I I take issue Senator with your concept that it makes it easier to do money laundering currencies have been used for drug trafficking since the 60s in the American dollar when it was thrown out of a Piper aircraft in a duffel bag the American dollar is also used by Bad actors all the time crypto doesnamp;#39;t get a pass to help the worldamp;#39;s worst criminals

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How do I make a claim against FTX?

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.

Is it possible to get money back from FTX?

While some could recover as much as 142% of what they held, the vast majority are likely to receive 118%. The specific pay day is estimated to be months away. While the gains are unusual and impressive, the biggest winners in the FTX affair are those who trade bankruptcy claims.

How to claim money from FTX?

Using the Customer Claims Portal Step 1: Login. Step 2: Email Verification. Step 3: Providing Know Your Customer Information. Step 4: Review Account Balances. Step 5: View Your Proof of Claim Status. Step 6: Voting. Step 7: Distributions - Tax Requirements. Step 8: Distributions - Payout Options.

What is the mistake of FTX?

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.

What is the issue with 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.

How do I claim liquidation on FTX?

(In Official Liquidation) you can create an account via the Joint Official Liquidators (JOLs) FTX Digital Claim Portal: where you can lodge an electronic claim and view and accept the balance on your FTX.com customer account (ing to JOLs records).

What happen to my 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.

Can I still claim from FTX?

The deadline for filing a proof of claim on account of your customer claim was on September 29, 2023 at 4pm ET. The Kroll Portal will remain accessible after the Bar Date to amend or file a claim.

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