Void dent in FTX smoothly

Aug 6th, 2022
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How to Void dent in FTX

5 out of 5
32 votes

weve got 300 million to 1 billion dollars worth of real estate in the Bahamas that we personally at biblically crypto have filed a lawsuit against and were trying to get those assets back in FTX users hands because they were embezzled funds number two youve got 546 million dollars in another LLC thats not in this bankruptcy number three we know John Ray the bankruptcy lawyer of FTX well guess what he has actually discovered an extra billion dollars floating around if youre keeping score thats potentially 2.5 billion dollars is this really an insolvency hole or is this a case of hidden money

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What happened to FTX? FTX and FTX.US crashed due to a lack of liquidity and mismanagement of funds, followed by a large volume of withdrawals from rattled investors. The value of FTT plummeted, taking other coins down with it including Ethereum and Bitcoin, which docHubed a two-year low as of Nov. 9.
Is DENT Coin a Good Investment? Based on the data, it can be predicted that the DENT might be a good investment if invested for the long term as it holds a lot of growth potential in terms of its use cases and price.
Since 2019, FTX has been a legit crypto exchange platform. It is used by millions of users around the world. It is regulated by the Hong Kong financial authority.
Bankman-Fried siphoned billions of dollars in customer deposits from FTX and used the funds to purchase luxury real estate, invest in other companies, make political contributions and fund cryptocurrency trading at Alameda Research, the hedge fund he also owned.
Collapsed cryptocurrency exchange FTX says that around $415m (338m) of crypto has been stolen by hackers. About $323m was from its international exchange and $90m from its US platform since the firm filed for bankruptcy, FTXs CEO says.
FTX and FTX.US crashed due to a lack of liquidity and mismanagement of funds, followed by a large volume of withdrawals from rattled investors. The value of FTT plummeted, taking other coins down with it including Ethereum and Bitcoin, which docHubed a two-year low as of Nov. 9.
FTX has recovered at least $5 billion of liquid assets, including cash, crypto and securities, attorneys told a Delaware bankruptcy judge.
Large chunks of the money went to pay off risky bets made by Alameda Researchthe hedge fund started by FTXs founder Sam Bankman-Fried.

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