Omit result in FTX smoothly

Aug 6th, 2022
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How to Omit result in FTX

4.8 out of 5
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this back and forth on the top 50 biggest creditors the fact that their names are redacted we dont know who they are that was an interesting storyline for me because its really unusual that actually their names wouldnt be made public but there were at least two groups of crypto creditors they sent their lawyers there one of those lawyers was protecting or were was working for members of that top 50 group really arguing that their identities should be kept secret and for now we know that theyre going to remain unidentified thats interesting when you try to map the contagion about what more shoes are we waiting to drop we would like to know whos on that list but its going to remain under wraps for now

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FTX founder Bankman-Fried to be released on $250 million bail The founder of cryptocurrency exchange FTX appeared in court after being extradited from the Bahamas. Hes charged with alleged fraud, conspiracy, money laundering and illegal campaign contributions.
FTX says it has identified a deficit of $8.9 billion in customer funds that it cant account for, the first time the bankrupt cryptocurrency exchange has pinned down how much money has gone missing.
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 as of Nov. 9.
CharacteristicNet worth loss in billion U.S. dollarsSam Bankman-Fried (FTX)23Brian Armstrong (Coinbase)4.7Gary Wang (FTX)1.7Chris Larsen (Ripple)1.31 more row 12 Jan 2023
The collapse of the crypto exchange FTX seemed to materialize out of nowhere: Within one week in November, FTX transformed from one of the most respected and trusted parts of the crypto industry to a bankrupt disgrace that lost more than $8 billion of its customers money, ing to authorities.
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 as of Nov. 9.
The liquidation of Bahamas-based cryptocurrency exchange FTX began in November 2022. The collapse of FTX, caused by a liquidity crisis of the companys , FTT, 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.
FTX founder Sam Bankman-Fried on Thursday said the millions of customers who lost money from the collapse of his cryptocurrency exchange could get their money back.

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