FTXRecovery
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Ikigai Asset Management's Travis Kling suggests Google's $2 billion investment in Anthropic may aid FTX's bankruptcy recovery, with a potential 1:1 asset-to-deposit ratio. đ€đŒ #FTXRecovery #CryptoNews
1. Pantera Raising Funds to Buy Solana Holding From FTX
Image Concept: A stylized panther collecting glowing Solana (SOL) tokens amidst digital ruins or fragments representing the collapse of FTX. The image should have a hopeful aura, emphasizing strategic acquisition in adversity.
Post Text: Dive into Pantera Capital's strategic maneuver as they raise funds to secure a significant Solana token trove from FTX's estate. A 39% discount opportunity beckonsâare you ready for the long haul?
#PanteraCapital #SolanaSOL #FTXRecovery #CryptoInvestment #BlockchainNews
Image Concept: A stylized panther collecting glowing Solana (SOL) tokens amidst digital ruins or fragments representing the collapse of FTX. The image should have a hopeful aura, emphasizing strategic acquisition in adversity.
Post Text: Dive into Pantera Capital's strategic maneuver as they raise funds to secure a significant Solana token trove from FTX's estate. A 39% discount opportunity beckonsâare you ready for the long haul?
#PanteraCapital #SolanaSOL #FTXRecovery #CryptoInvestment #BlockchainNews
â ïž Scam Alert! â ïž
đš FTX and BlockFi users are being targeted by fake emails.âïž
â Millions Lost: Scammers have stolen over $7 million in crypto and NFTs. đž
â How It Happened: The scammers used a compromised email list from a recent data breach. đ§âĄïžđ
â Stay Safe: Always double-check official sources before responding to financial emails. â
â No Quick Fixes: Remember, FTXâs restructuring is still pending, so be wary of promises for quick withdrawals. đ«đš
#ScamAlert #scam #FTXRecovery #alert
$FTT $FLOKI $BONK
đš FTX and BlockFi users are being targeted by fake emails.âïž
â Millions Lost: Scammers have stolen over $7 million in crypto and NFTs. đž
â How It Happened: The scammers used a compromised email list from a recent data breach. đ§âĄïžđ
â Stay Safe: Always double-check official sources before responding to financial emails. â
â No Quick Fixes: Remember, FTXâs restructuring is still pending, so be wary of promises for quick withdrawals. đ«đš
#ScamAlert #scam #FTXRecovery #alert
$FTT $FLOKI $BONK
đšđšđšđšđšđšđšđšđšđšđšđšđšđšđšđš
Emergency News about FTX đđđđđ
FTX and Alameda Ordered to Pay $12.7B in CFTC Settlement âïž
A US District Judge has approved a massive $12.7 billion settlement between FTX, Alameda Research, and the Commodity Futures Trading Commission (CFTC). This settlement aims to compensate creditors who were affected by the collapse of FTX and Alameda.
Key Details of the Settlement đ
The settlement requires FTX and Alameda to pay $12.7 billion to creditors, providing much-needed relief to those affected by the collapse. This is a significant development in the ongoing saga of FTX and Alameda's bankruptcy.
Implications of the Settlement đ€
This settlement marks a major milestone in the efforts to recover funds for creditors. However, it also raises questions about the future of FTX and Alameda, as well as the broader implications for the crypto industry.
Justice Served? đź
The approval of this settlement brings a sense of closure to the affected creditors. However, it also highlights the need for increased regulation and oversight in the crypto industry to prevent similar collapses in the future.
#KaleemsCryptoMehfilKCM #Write2Earn! #FTXTrial #FTXRecovery #MarketDownturn
Emergency News about FTX đđđđđ
FTX and Alameda Ordered to Pay $12.7B in CFTC Settlement âïž
A US District Judge has approved a massive $12.7 billion settlement between FTX, Alameda Research, and the Commodity Futures Trading Commission (CFTC). This settlement aims to compensate creditors who were affected by the collapse of FTX and Alameda.
Key Details of the Settlement đ
The settlement requires FTX and Alameda to pay $12.7 billion to creditors, providing much-needed relief to those affected by the collapse. This is a significant development in the ongoing saga of FTX and Alameda's bankruptcy.
Implications of the Settlement đ€
This settlement marks a major milestone in the efforts to recover funds for creditors. However, it also raises questions about the future of FTX and Alameda, as well as the broader implications for the crypto industry.
Justice Served? đź
The approval of this settlement brings a sense of closure to the affected creditors. However, it also highlights the need for increased regulation and oversight in the crypto industry to prevent similar collapses in the future.
#KaleemsCryptoMehfilKCM #Write2Earn! #FTXTrial #FTXRecovery #MarketDownturn
Ftx is to pay back their customers.. gee SBF wali exchange is paying back.. and paying back in USDC(crypto token, will be paid to the people jinke funds phass gaye thy bankruptcy me) and that's about $15B in usdc... Back in crypto.Aan dyo
#FTXRecovery
#Write2Earn!
#binance4ever
#FTXRecovery
#Write2Earn!
#binance4ever
ATTENTION TRADERS !!!!!!!!
đŽCAN YOU IMAGINE WHAT WILL HAPPEN WHEN FTX PAY đŽ
đ” The fourth quarter of 2024 is expected to be significant for the crypto market due to several factors:
Mt. Gox Repayment: The repayment process from the Mt. Gox incident could introduce volatility in the market, as large amounts of Bitcoin might be released back to the original owners.
đŽ FTX Creditor Payments: FTXâs plan to distribute $16 billion to creditors could have a considerable impact on market liquidity and investor sentiment.
đą Interest Rate Cuts: Potential rate cuts could increase market liquidity, possibly leading investors to seek higher returns through cryptocurrencies.
US Election: The presidential election may affect regulatory outlook and market sentiment, influencing the crypto marketâs direction.
đą FASB Rule Implementation: New accounting standards could change how companies report crypto transactions, affecting market transparency and investor decisions.
Money Printing: Increased money printing can lead to inflation, which might make capped-supply cryptocurrencies more attractive as a hedge against devaluation.
These events could lead to increased activity and price movements within the cryptocurrency market. Investors are advised to stay informed and consider these factors when making investment decisions.
$BTC $WIF $BNB #FTXRecovery #BinanceTurns7 #Ethereum_ETFs_Expected_Date #CPI_BTC_Watch #alert
đŽCAN YOU IMAGINE WHAT WILL HAPPEN WHEN FTX PAY đŽ
đ” The fourth quarter of 2024 is expected to be significant for the crypto market due to several factors:
Mt. Gox Repayment: The repayment process from the Mt. Gox incident could introduce volatility in the market, as large amounts of Bitcoin might be released back to the original owners.
đŽ FTX Creditor Payments: FTXâs plan to distribute $16 billion to creditors could have a considerable impact on market liquidity and investor sentiment.
đą Interest Rate Cuts: Potential rate cuts could increase market liquidity, possibly leading investors to seek higher returns through cryptocurrencies.
US Election: The presidential election may affect regulatory outlook and market sentiment, influencing the crypto marketâs direction.
đą FASB Rule Implementation: New accounting standards could change how companies report crypto transactions, affecting market transparency and investor decisions.
Money Printing: Increased money printing can lead to inflation, which might make capped-supply cryptocurrencies more attractive as a hedge against devaluation.
These events could lead to increased activity and price movements within the cryptocurrency market. Investors are advised to stay informed and consider these factors when making investment decisions.
$BTC $WIF $BNB #FTXRecovery #BinanceTurns7 #Ethereum_ETFs_Expected_Date #CPI_BTC_Watch #alert
#Write2earn
FTX Victims Seek Return of $8 Billion in Assets
#FTX #FTXRecovery $FTT
Attorneys for FTX bankruptcy victims are pushing for the failed crypto exchange's forfeited assets, worth around $8 billion, to be returned to customers, not absorbed into the bankruptcy estate. This plea was made in a U.S. District Court filing in New York.
Reorganization Plan Sparks Outrage
FTX's proposed reorganization plan, offering 98% of creditors 118% of their claims in cash within 60 days, has angered customers. They couldn't benefit from rising cryptocurrency prices while their funds were tied up.
Unfair Valuation Claims
Lawyers argue that valuing customer claims based on depressed prices during the "crypto winter" is unfair. Since then, Solana's price has increased ninefold and Bitcoin's value has quadrupled.
Customer Grievances and SBF's Role
Lawyers Adam Moskowitz and David Boies say customers feel "aggrieved and robbed," viewing the process as a "second act of theft." Former CEO Sam Bankman-Fried (SBF) was convicted of fraud, sentenced to 25 years, and ordered to forfeit $11 billion. The filing claims SBF's crimes left customers without their crypto investments.
Bankruptcy Code and Prioritization
The bankruptcy code prioritizes certain creditors, placing FTXâs FTT token holders near the bottom, making compensation unlikely for them.
Ongoing Uncertainty
Complete accounting hasn't been done yet, but Moskowitz estimates damages over $8 billion. The fluctuating value of cryptocurrencies adds to the uncertainty.
FTX Victims Seek Return of $8 Billion in Assets
#FTX #FTXRecovery $FTT
Attorneys for FTX bankruptcy victims are pushing for the failed crypto exchange's forfeited assets, worth around $8 billion, to be returned to customers, not absorbed into the bankruptcy estate. This plea was made in a U.S. District Court filing in New York.
Reorganization Plan Sparks Outrage
FTX's proposed reorganization plan, offering 98% of creditors 118% of their claims in cash within 60 days, has angered customers. They couldn't benefit from rising cryptocurrency prices while their funds were tied up.
Unfair Valuation Claims
Lawyers argue that valuing customer claims based on depressed prices during the "crypto winter" is unfair. Since then, Solana's price has increased ninefold and Bitcoin's value has quadrupled.
Customer Grievances and SBF's Role
Lawyers Adam Moskowitz and David Boies say customers feel "aggrieved and robbed," viewing the process as a "second act of theft." Former CEO Sam Bankman-Fried (SBF) was convicted of fraud, sentenced to 25 years, and ordered to forfeit $11 billion. The filing claims SBF's crimes left customers without their crypto investments.
Bankruptcy Code and Prioritization
The bankruptcy code prioritizes certain creditors, placing FTXâs FTT token holders near the bottom, making compensation unlikely for them.
Ongoing Uncertainty
Complete accounting hasn't been done yet, but Moskowitz estimates damages over $8 billion. The fluctuating value of cryptocurrencies adds to the uncertainty.
FTX is Making Waves: Debts Being Repaid, Tokens Set to Skyrocket by 50-150x!
The buzz around FTXâs progress in repaying its debts to customers is electrifying the crypto world. With significant strides being made, affected tokens are poised for explosive growth. Here are the tokens you need to keep an eye on:
1. $ALEPH (Cross-chain Storage Network): ALEPH, heavily impacted by FTXâs downfall, is on the verge of a comeback. As debt repayment accelerates, ALEPH is set for a promising recovery.
2. $USTC (Terraâs Stablecoin): USTC faced immense challenges during FTXâs collapse, but debt resolution is injecting new hope. A reversal of recent downturns could be on the horizon, bringing fresh optimism to investors.
3. $FIDA (Bonfida): FIDA struggled amidst the chaos, but with the debt resolution in sight, itâs ready to soar. This token is gearing up for a major rally, offering exciting investment opportunities.
4. $FTT (FTX Token): FTT, the heart of FTX, experienced a dramatic plunge. Now, with debt repayments in motion, FTT is set to bounce back, potentially delivering significant gains.
5. $LUNA (Terra): LUNA, integral to the Terra ecosystem, benefits from enhanced liquidity through its FTX listing. Coupled with backing from Alameda Research, LUNAâs recovery prospects are looking brighter than ever.
FTXâs restructuring aims to tackle an $11 billion debt, with asset sales potentially hitting $16.3 billion. This could spell massive benefits for affected tokens. Stay tunedâthese potential gains could be just the beginning!#FTTđ„đ„ #FTXRecovery #LUNAđ„đ„đ„ #USTC/USDT
The buzz around FTXâs progress in repaying its debts to customers is electrifying the crypto world. With significant strides being made, affected tokens are poised for explosive growth. Here are the tokens you need to keep an eye on:
1. $ALEPH (Cross-chain Storage Network): ALEPH, heavily impacted by FTXâs downfall, is on the verge of a comeback. As debt repayment accelerates, ALEPH is set for a promising recovery.
2. $USTC (Terraâs Stablecoin): USTC faced immense challenges during FTXâs collapse, but debt resolution is injecting new hope. A reversal of recent downturns could be on the horizon, bringing fresh optimism to investors.
3. $FIDA (Bonfida): FIDA struggled amidst the chaos, but with the debt resolution in sight, itâs ready to soar. This token is gearing up for a major rally, offering exciting investment opportunities.
4. $FTT (FTX Token): FTT, the heart of FTX, experienced a dramatic plunge. Now, with debt repayments in motion, FTT is set to bounce back, potentially delivering significant gains.
5. $LUNA (Terra): LUNA, integral to the Terra ecosystem, benefits from enhanced liquidity through its FTX listing. Coupled with backing from Alameda Research, LUNAâs recovery prospects are looking brighter than ever.
FTXâs restructuring aims to tackle an $11 billion debt, with asset sales potentially hitting $16.3 billion. This could spell massive benefits for affected tokens. Stay tunedâthese potential gains could be just the beginning!#FTTđ„đ„ #FTXRecovery #LUNAđ„đ„đ„ #USTC/USDT