Undo chapter in FTX

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Aug 6th, 2022
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Your quick guide to undo chapter in FTX with DocHub:

  1. Add your FTX file into your DocHub account.
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  3. Use robust editing tools to make any alterations to your document.
  4. Once completed, click Download/Export and save your FTX to your device or cloud storage.
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How to undo chapter in FTX

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it does appear that they are filing chapter 11. uh at uh at um at FTX thatamp;#39;s of our conversation right now Iamp;#39;m looking at a press release um announced um whatamp;#39;s wrong sorry Services Alameda research 130 additional Affiliated companies the FTX group have commenced volunteer proceedings under chapter 11 of the U.S bankruptcy code wiped out total wiping in Delaware total whiteback theyamp;#39;re calling an orderly process to review and monetize assets so again all investment freed has resigned his role and will remain to assist in an orderly transition uh unbelievable so there it is uh at this unbelievable at this moment you know it is interesting any number of people Iamp;#39;ve spoken to who uh who who dealt with bankman freed all describe them in very nice ways everybody they say oh it was you know accidental obviously this is a company that did not have a board of directors uh itamp;#39;s unclear how this well thereamp;#39;s so much we donamp;#39;t know th

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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In order to submit a claim you will first need to create an account on the FTX Digital Claim Portal. Once you have created your account you will be able to link your FTX accounts, view the account balances (per the JOLs records) and submit a claim.
Bankrupt Crypto Firm FTX Is Going to Pay Customers Back in Full Plus Interest A majority of customers would get at least 118% of their money back under a proposed plan, as the company now has up to $16.3 billion in cash to use.
Nearly all customers of FTX will get their money back, plus interest, after the cryptocurrency exchange imploded 17 months ago.
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 said in a court filing late Tuesday that it owes about $11.2 billion to its creditors.
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 creditors will have until Aug.
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 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.
Over the course of the bankruptcy, Google and Amazon both invested in Anthropic, and FTXs stake became a lot more valuable. It appreciated, and FTX was able to sell that to generate almost a billion dollars to pay creditors back.

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