Paste clause in FTX

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How to paste clause in FTX

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foreign the website closed and a lot of people had a lot of money on the platform I have been contacted by people telling me Oh I put all my savings so can I get my money back of course there is a the civil procedure the criminal procedure and everything but there is also the psychological part people need to talk to each other just to know that they are not alone and I know there have been people who were very very bad because Kelly and we were talking with them to say that there is a lot of people in your situation and it was I think the most important in the beginning foreign

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When to expect FTX payout?

If the majority of creditors and the bankruptcy judge agree to the plan, checks would come within two months. By typical bankruptcy standards thats a great deal. Rarely do all creditors get paid in cash, and some can wait years to recoup only a fraction of their claims.

Will everyone get their money back from FTX?

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.

Can you recover money from 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.

How much will FTX investors get back?

The exact value customers will be repaid depends on the type of claim they filed. While some could recover as much as 142% of what they held, the vast majority are likely to receive 118%.

Is FTX paying out?

FTX said in recent court filings that 98% of its customers will be able to receive full repayment within 60 days of a bankruptcy court approval of its wind-down plan. The faster payment option will cover all customers who are owed up to $50,000.

How much is FTX paying out?

Customers who had one bitcoin deposited on FTX when it went bankrupt will receive about $16,800 in cash, instead of the roughly $60,000 that a bitcoin is worth today. Aggrieved FTX customers had urged the court not to allow votes to go forward on the bankruptcy plan they said was fatally flawed.

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