Put in brand in FTX

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Aug 6th, 2022
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How to put in brand in FTX

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so I hope you know that youamp;#39;re in a lot of trouble youamp;#39;ve lost a lot of people a lot of money guys just talking to SPF here trying to talk some sense into them so what you got to do is turn yourself in and just cooperate all right so weamp;#39;ll talk about this later hey guys welcome back to the channel and um this FTX story you have no idea it is getting way more crazier than I even thought um weamp;#39;re talking about metaverse space bunnies or metaverse bunnies I should say um when you see it youamp;#39;ll be like oh my God what is going on all right so first um letamp;#39;s go over this so it turns out that there was a leaked version of their balance sheet and uh the reason why this is important is because at the moment people who have money with FTX essentially you want your money back and weamp;#39;re trying to figure out okay how much money can they return to people um as it turns out I was looking at this so 9 billion in liabilities uh 900 million in liqu

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Tom Brady is the most famous face to promote and invest in FTX and he also may have suffered the greatest individual loss. The Tampa Bay Buccaneers quarterback owned over 1.1 million common shares of FTX Trading, which equaled about $45 million before the company went bankrupt, ing to Bloomberg.
Customers and creditors that claim $50,000 or less will get about 118% of their claim, ing to the plan, which was filed with the U.S. Bankruptcy Court for the District of Delaware. This covers about 98% of FTX customers.
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 founder Sam Bankman-Fried, left, arrives at a federal courthouse in Manhattan on Feb. 16, 2023. Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago.
In November 2022, crypto exchange FTX suffered a major liquidity crisis and filed for Chapter 11. FTX created a wave of bankruptcies throughout the industry. In 2023, BlockFi, Genesis, and 3AC (a hedge fund), all of whom had money in or loaned to FTX, failed.
Since filing for bankruptcy, FTX has recovered up to $16 billion to repay customers, including about $12 billion in cash, and it says it will repay all customer claims in full, with interest.
Under FTXs re-organisation plan, customers whose claims amount to US$50,000 or less will receive roughly 118 per cent of the amount of their allowed claim. About 98 per cent of creditors will receive this compensation. But some creditors have described the plan as insulting.

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