Strike out pecularity in FTX

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How to strike out pecularity in FTX

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I was checking out your tweets and you say you expect larger crashes and Iamp;#39;m thinking well what could be larger than FTX well unfortunately itamp;#39;s a 10 billion dollar hole that they left which Iamp;#39;m guessing is hundreds of thousands of families that have been completely wiped out they were the second largest cryptocurrency exchange so who would be bigger well thereamp;#39;s people behind the scenes so yesterday we saw Genesis which is kind of a Backwater company for a lot of these they provide liquidity loans Etc a lot of yield farming and whatnot and they had to ask for an emergency one billion dollar loan we saw the cryptocurrency exchange Gemini which is one of the largest had to Halt withdraws from that product as well and so we donamp;#39;t know who has exposure to this 10 billion maybe not from a customer standpoint as big as FTX but Dollar Wise could be bigger because Genesis is back the grayscale Bitcoin trust with hundreds of thousands of Bitcoins in cust

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Will Tom Brady get FTX money back?

ing to the agencies, Bankman-Fried and top executives lied about FTXs financial health to investors, customers, and lenders and hid a billion-dollar hole in its balance sheet with financial statements, inflated valuations of speculative s like FTXs FTT exchange coin, and cryptocurrencies borrowed from The Collapse of FTX: What Went Wrong With the Crypto Exchange? investopedia.com what-went-wrong-with- investopedia.com what-went-wrong-with-

Are FTX customers getting money back on Reddit?

Most FTX customers to get all their money back less than 2 years after collapse : r/news.

What happens to my crypto in FTX?

Andrew Scurria: What FTX is projecting is that most customers, 98%, which are the retail customers, individual traders, they will get back what they had invested as of the day FTX filed for bankruptcy plus interest to compensate them for the time value of their money, the little less than two years that their crypto How FTX Found Billions to Repay Customers - WSJ Podcasts wsj.com podcasts the-journal how-ftx wsj.com podcasts the-journal how-ftx

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.

Did FTX say it can repay most creditors?

FTX said Tuesday it had recovered assets with an estimated value of between $14.5B and $16.3B. FTX has recovered enough assets to pay most of its creditors back in full, the failed crypto exchange said late Tuesday.

What happens if FTX goes under?

ICYMI: FTX, the crypto exchange that has become a byword for fraud and a black eye on the face of the entire digital asset industry, said that virtually all of the people who had money frozen on the platform will get their money back, plus interest. That is an extraordinary outcome. FTX customers are getting a rare good deal. Heres why some are still angry cnn.com 2024/05/09 business ftx-cust cnn.com 2024/05/09 business ftx-cust

How did FTX recover $5 billion?

They tapped a wide range of sources, including digital currencies that FTX still owned when it filed for bankruptcy and company assets like shares in start-ups, which could be sold to bidders. The amount that FTX recovered is in general pretty unheard of, said Yesha Yadav, a law professor at Vanderbilt University.

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