Undo quote in FTX

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Aug 6th, 2022
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FTX may not always be the simplest with which to work. Even though many editing features are available on the market, not all give a simple tool. We designed DocHub to make editing straightforward, no matter the document format. With DocHub, you can quickly and effortlessly undo quote in FTX. On top of that, DocHub delivers a variety of additional tools including form creation, automation and management, industry-compliant eSignature services, and integrations.

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How to undo quote in FTX

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the Bay area native dubbed the former king of crypto is headed to prison for 25 years this morning a federal judge in New York sent ined Sam bankman freed following his conviction last November on fraud and conspiracy charges the 32-year-old siphoned billions in customer funds from his cryptocurrency exchange FTX to keep his privately controlled hedge fund afloat prosecutors sought a 50-year prison sentence while the defense asked for six years bankman freed is the son of two Stanford law professors and was born on the campus

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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.
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.
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.
The announcement was a landmark in the attempt to track down the $8 billion in customer assets that disappeared when FTX imploded virtually overnight, setting off a crisis in the crypto industry.
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.
FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors. The exchange estimates that it has between $14.5 billion and $16.3 billion to distribute to them.
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.
At Bankman-Frieds sentencing hearing, Kaplan agreed. He said FTXs customers had lost some $8bn and that its investors had lost $1.7bn.

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