Join period in FTX

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Start editing your FTX file. Use our tool pane above to type and edit text, or insert images, lines, symbols, and comments.
Make more adjustments to your work. Transform your FTX document into a fillable template with fields for text, dropdowns, initials, dates, and signatures.
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How to Join period in FTX

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This is Sam, the founder of FTX a crypto exchange and Alameda Research a Crypto Hedge fund - run by Caroline Ellison a 28-year-old Harry Potter fan. All of that stuff is now gone. FTX had their own crypto which was essentially a Ponzi scheme. Sam went on a Bloomberg podcast and described it as such. He used it as collateral to borrow billions to trade crypto. He tried to build a Crypto Empire out of failing firms leading Jim Cramer to call him the new JP Morgan, turned out that he was instead the Gen Y Bernie Madoff. Sams schemes worked for a while, but a different but not much different guy called CZ - who hated Sam engineered a bank run, by sowing doubt on Twitter. SBF couldnt pay customers back and now FTX has gone bust. Sam was really just a few billion dollars short. Turned out that Hermoine had no magical powers and blew a lot of it trading. 40 million went on political donations, 20 million on superbowl ads, even more on influencer marketing. Now

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Can Canadians use FTX exchange?

Now-bankrupt exchange FTX attempted to enter Canada in June 2022, but local regulators have managed to prevent the mess.

How does FTX have so much money?

Founded by Sam Bankman-Fried in 2019, FTX used customer funds to finance political donations, buy real estate and invest in other companies, U.S. authorities said this week. FTX filed for bankruptcy in November after being unable to meet about $8 billion in customer withdrawal requests.

Why cant you use FTX in the USA?

FTX and FTX.US have frozen withdrawals and filed for Chapter 11 bankruptcy. FTX is under scrutiny from the Securities and Exchange Commission, or SEC, and Commodity Futures Trading Commission for its handling of client funds, Reuters reported.

Can I use FTX US in Ontario?

All Canadians have access to FTX, except people from Ontario.

Is FTX US only for US residents?

Although both domains belong to the same platform, they cater to different groups of users. FTX.com is not available for traders in the US due to securities and crypto asset trading regulations imposed by the US government. US customers can only use the FTX.us exchange, as it complies with regulatory requirements.

How many days does it take to withdraw from FTX?

However, completed transactions should take the regular 2-5 business days schedule. On 10 November 2022, the crypto analytics platform Arkham Intelligence discovered that FTX was beginning to process withdrawals in a limited capacity.

Can I use FTX outside US?

Binance. FTX and Binance both offer a vast range of cryptocurrency products and services for traders both in the US and abroad. Plus, the two platforms are good options for those who want access to things like NFTs and crypto derivatives.

Will I ever get my money back from FTX?

If the creditors can prove that their money was held independently from the companys pot of assets, then the money will be returned to them prior to the completion of the bankruptcy proceedings, granting them their best chance at full repayment, he added.

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