Replace subject in FTX

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Aug 6th, 2022
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How to replace subject in FTX

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what a disaster folks a lot of folks who had previously invested on the crypto exchange FTX are now looking at potentially complete wipeouts so investors and that thatamp;#39;s not the only you know part where crypto investors have faced you know blow-ups youamp;#39;ve seen many different play you know players and crypto assets just absolutely wiped out and so a lot of folks are wondering well whatamp;#39;s going on now with FTX why is it such a big deal and also like is there any way to potentially recover my funds or how do I you know how do I actually recover from this maybe I didnamp;#39;t have all my funds with FTX you know whatamp;#39;s the strategy from here you know what should I do if this is your first time tuning in my name is Daniel youamp;#39;re watching unrivaled investing if you enjoy educational investment videos please make a point of hitting that subscribe button the reality is folks on this channel Iamp;#39;ve gotten a lot of offers to do some sort of

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Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago.
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.
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.
Almost all customers of collapsed cryptocurrency exchange FTX will get their money back and more, ing to a court filing. FTX estimates that it owes creditors around $11.2 billion. FTX said that it has between $14.5 billion and $16.3 billion to distribute to creditors.
How is FTX able to repay its customers? FTX is repaying its customers through the liquidation of its assets, which have appreciated docHubly in value, and through the positive effects of a bullish cryptocurrency market. 3.
Generally, where you can recover an item it is not lost, which may delay the process until more details of the FTX events are determined. In the US if your crypto funds become totally worthless and irrecoverable, you may be eligible to write them off as a nonbusiness bad debt on your taxes.
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 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.

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