Tack chapter in FTX

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Aug 6th, 2022
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How to tack chapter in FTX

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all of this is fraud from the very beginning if you really start looking into Dan Friedberg this is the guy to look at this with the general counsel of FTX literally he is caught on a recording discussing the counterfeiting of s nobody knew that this was the guy that was you know the general counsel for Sam bingman freed this show game was set up so early on that it had the back end to where Alameda could go in and borrow customer funds whenever they wanted to it only became a problem when prices started going down and people they started getting liquidated in certain places and could not replace the assets this has been a scam from day one SPF never once had any good intentions and I will there were people say oh they feel sorry for him no no he showed no mercy to the projects that they set out to destroy that itamp;#39;s in spent years and years building Tech years and years getting things ready for them to have a successful launch and he destroyed them and shorted them to zero and

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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.
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.
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.
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.
The FTX has constantly failed to regain momentum, resulting in the altcoin recording a YTD of -56.11% in valuation. Furthermore, the Simple Moving Average (SMA) displays a bearish convergence in the chart, suggesting the price will continue losing value in the coming time.
First, you need to import your trades from FTX. Then, CoinTracking will determine your capital gains/losses, and you can generate tax reports. In the US, you need to include crypto gains/losses on Form 8949 and Schedule D of your Form 1040.
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.

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