Wipe out secret in FTX

The most effcient way to wipe out secret in FTX

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How to wipe out secret in FTX

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uh yeah just to uh to be clear uh Iamp;#39;m uh so I work for uh Alameda uh not FTX uh uh bear uh yeah theyamp;#39;re both founded by uh Sam McAfee uh but yeah completely different uh the the quite robust Chinese wall between the two Meet The Real Genius in this FTX collapse who walked away with multi multi multi-millions whoamp;#39;s still running you see as we shared with you in yesterdayamp;#39;s video Sam bankman freed now back extradited to the us out on bail walking Among Us for 250 million and unlike Caroline and unlike Gary Wang who are now in custody cooperating admitting to fraud we can look back on the whoamp;#39;s who in the FTX Inner Circle and we can see the one person that made the most money had the most power in the company it was also able to walk away clean this manamp;#39;s still on the run Iamp;#39;m talking about Sam Trabuco he is the former co-ceo of Alameda research one of the firmamp;#39;s first first hires who oversaw the development of even riskier tr

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How long will it take to get money back from FTX?

It isnt going to be an immediate payout. The bankruptcy judge has to approve the plan and that could take months, and then once the plan is approved, the funds will be paid within 60 days after it goes into effect.

Can people get their money out of FTX?

FTX crashed due to mismanagement of funds, lack of liquidity and the large volume of withdrawals. Binance announced it would buy FTX to prevent a larger market crash, but quickly bailed out of the deal as more news reports of mishandled customer funds surfaced. FTX scam explained: Everything you need to know - TechTarget techtarget.com whatis feature FTX-sca techtarget.com whatis feature FTX-sca

Have FTX customers been repaid?

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.

Will FTX customers get their money back?

For instance, Bankman-Fried directed co-conspirators to alter FTXs computer code to allow Alameda to withdraw effectively unlimited amounts of cryptocurrency from the exchange. Bankman-Fried also made false statements to financial institutions to conceal his misuse of customer dollar deposits. Samuel Bankman-Fried Sentenced to 25 Years for His Orchestration of justice.gov opa samuel-bankman-fried-s justice.gov opa samuel-bankman-fried-s

How did money disappear from FTX?

FTX: new technology, old-fashioned embezzlement At trial, the court heard from an accounting expert who said that $11.3bn in customer funds were supposed to be held at Alameda Research, FTXs hedge fund arm. Old-fashioned embezzlement: where did all of FTXs money go? | FTX theguardian.com business mar where-d theguardian.com business mar where-d

Will FTX victims get their money back?

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.

Will FTX pay back customers?

Almost all customers of collapsed cryptocurrency exchange FTX will get their money back and more, ing to a court filing. FTX estimates that it owes creditors around $11.2 billion. FTX said that it has between $14.5 billion and $16.3 billion to distribute to creditors.

How many people lost all their money in FTX?

The U.S. federal government on Wednesday charged three people with a yearslong phone hacking conspiracy that culminated in the infamous theft of $400 million from FTX as Sam Bankman-Frieds crypto exchange was collapsing. FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft coindesk.com policy 2024/02/01 ftx-h coindesk.com policy 2024/02/01 ftx-h

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