Put in result in FTX

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How to put in result in FTX

4.8 out of 5

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binance puts pressure on FTX and is going to liquidate all its FTX s the battle between binance and FTX is being taken to a whole new level by the former through binance CEO Chang Peng Zhao The Exchange platform announces that it will liquidate all FTX s it currently holds it seems that most of the balance sheet of the powerful Alameda research consists of its own FTX binance says it does not want to take a risk with FTX and wants to avoid a lunar scenario currently FTX CEO pretty much confirms Mass Exodus from the platform but denies all rumors

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What happened to my funds in FTX?

FTX now says that 98% of its creditors, including individual investors who had US$50,000 or less with FTX, will receive the funds they lost. Payments will be made in cash within 60 days of a reorganisation plan going into effect. However, this plan still needs to be approved by a US bankruptcy court and by creditors.

How much money will be recovered from FTX?

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.

Have FTX customers been repaid?

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.

Will I get anything back from FTX?

Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago.

How do I 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.

How much can I claim from FTX?

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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