Rework margin in FTX

The most effcient way to rework margin in FTX

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How to rework margin in FTX

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Kevin Oamp;#39;Leary says he lost almost 10 million dollars in the FTX collapse and that the exchange had paid him 15 million dollars to be a spokesman how much were you paid total deal was just under 15 million dollars all in I put about 9.7 million into crypto I think thatamp;#39;s what Iamp;#39;ve lost itamp;#39;s all at zero I donamp;#39;t know because my account got scraped and then I lost the money I invested in the equity as well those are those are zeros too we all look like idiots if Sam bankman free did anything wrong weamp;#39;re going to find out through that first what do you think you know I donamp;#39;t know you didnamp;#39;t realize there was an eight billion dollar hole you didnamp;#39;t realize that there was like these clientamp;#39;s funds that were being swapped over there itamp;#39;s not his fault like that that to me is like man that guy has bad news thatamp;#39;s not just you had bad luck he was lying and manipulating you donamp;#39;t know because y

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Will FTX victims get their money back?

FTX customers will get their money back and morebut the biggest winners are bankruptcy traders. Sam Bankman-Fried, the former CEO of FTX, is serving a 25-year sentence. In a rare outcome for bankruptcy, customers of the failed cryptocurrency exchange FTX will recover all of their moneyand then some. FTX customers will get their money back and morebut the biggest Fortune crypto 2024/05/08 ftx-custome Fortune crypto 2024/05/08 ftx-custome

How much will FTX customers get back?

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.

Did FTX pay back investors?

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. Collapsed FTX exchange plans to repay investors - The Conversation The Conversation collapsed-ftx-exchange-pla The Conversation collapsed-ftx-exchange-pla

How much of FTX has been recovered?

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%. The specific pay day is estimated to be months away.

Did FTX creditors get paid?

While FTX said it expects to collect enough cash to pay them 100% of what theyre owed, plus interest, theres a catch. Theyre not getting their crypto back. Instead, theyre getting US dollars based on what the accounts were worth when FTX went bust in November 2022.

What is the expected payout for FTX?

Under the proposed plan, almost all creditors are expected to receive over 100% of their claims, with those claiming $50,000 or less receiving about 118%.

Will FTX creditors get their money back?

FTX says most customers of the bankrupt crypto exchange will get all their money back. 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 bankruptcy: Most customers of crypto firm will get - CNBC CNBC 2024/05/08 ftx-bankruptcy- CNBC 2024/05/08 ftx-bankruptcy-

Will FTX creditors be repaid in full?

All of FTXs creditors, except the government, will get 100% of their money back in cash plus interest, the bankrupt cryptocurrency exchanges estate said late Tuesday. FTX Creditors Will Be Repaid in Full, Crypto Exchanges Estate Says The Wall Street Journal livecoverage card ftx-creditor The Wall Street Journal livecoverage card ftx-creditor

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