Undo index in FTX

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Aug 6th, 2022
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How to undo index in FTX

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Sam Bateman freed FTX Brett Harrison Chuck Schumer theyamp;#39;re all involved in trying to create a federal bit license heamp;#39;s grabbing as much of crypto as he can to plug up under FTX because theyamp;#39;re going to be trying to create this Bennett license they will have the license right this is an interesting the SEC goes after everybody but who do they not go after FTX big political donors number two donor to Joe Biden now heamp;#39;s trying to buy up in land grab crypto companies everywhere to Annex them up under FTX guess what theyamp;#39;re probably going to be the only site in the United States if this kidamp;#39;s okayed to have the federal bit license and be able to do leverage trading and derivatives trading this means that if you do a transaction outside of one of these licensed exchanges through this Federal bit license itamp;#39;s illegal

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The deadline to file a proof of claim is 09/29/2023 4PM ET (Bar Date). Please begin the claims process through the FTX Customer Claims Portal (claims.ftx.com) if you have not done so already.
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.
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. While the gains are unusual and impressive, the biggest winners in the FTX affair are those who trade bankruptcy claims.
(In Official Liquidation) you can create an account via the Joint Official Liquidators (JOLs) FTX Digital Claim Portal: where you can lodge an electronic claim and view and accept the balance on your FTX.com customer account (ing to JOLs records).
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.
Using the Customer Claims Portal Step 1: Login. Step 2: Email Verification. Step 3: Providing Know Your Customer Information. Step 4: Review Account Balances. Step 5: View Your Proof of Claim Status. Step 6: Voting. Step 7: Distributions - Tax Requirements. Step 8: Distributions - Payout Options.
Since its bankruptcy filing in 2022, FTXs new management has been able to recover $16 billion to pay back customers, and has said it plans to repay them in full. At a hearing Tuesday, the company will ask U.S. Bankruptcy Judge John Dorsey to sign off on open voting on the companys wind-down plan.
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.

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