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FTX Update - More Clarification (Patreon)

Published:
2024-09-29 17:20:58
Imported:
2026-06
Tags:
FTX
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Content

Again Crypto Twitter could be wrong about FTX - we shall see - but what we do know is

I don't have FTX, I don't use FTX I have no balance on FTX. The image above is from Marty Party who is investigating it. WE WILL DISCUSS On DCA tomorrow. BEWARE OF ALL THINGS>.. THIS IMAGE from MARTY could be fake but he thinks it is real

FROM A FUND MANAGER IN CHICAGO

Commercial payouts were approval on Sept 18 and have begun since last week - retail payout will approve Oct 7 for possible Nov 7 start.

Plus payouts will be staggered not big bang, which is also better for the markets.

From Member below

 

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Comments

Mobbelkotze

Much more truth in that one. Kudos

jim beam

Institutions first lol

BeTheChange

I was in process of removing all from FTX and was locked out with 14 sol remaining. The dollar amount I’m supposed to get back is $233 …so $16.64 per sol. I do not know if that is accurate or not for the time I was locked out or the cost basis when purchased. We are not getting back the tokens nor are we getting back the current value ($156) I also learned 3 deposits are missing in FTX from my bank (a total of $3200) I can account for every bank withdrawal and every deposit to FTX…except for three. I resubmitted my claim but they haven’t acknowledged this.

Bart A

I think the payments will happen soon. I had a account there with cash about to buy one bitcoin. It collapsed before I had the 16K needed at the time. Had to log on to my post Bkrpt account and provided W9 tax information and it showed the exact amount I had there when FTX went bankrupt. I heard we be made whole plus interest. Of course if I had have made it to one bitcoin I would still only get 16K.

Sasha

How are creditors supposed to receive their USDT distribution?

andreas marx

I assure you this, they will be paid at the time that best suits the govt and administrators of FTX, not the original holders

CJ Jean

Not iF the assets were USD

Wenfu$$

not stock, but worried about a lot of phishing around ftx. anyone else get this email in august? I have not replied or done anything: Just a few steps left Dear Customer: We have noticed that you have started your KYC submission but have not provided all requested information or documents. In order to complete the KYC process, you will need to upload all requested documents as indicated on the KYC section of the customer claims portal (claims.ftx.com). You may complete your KYC submission by clicking the 'Verify' link below. All customers are requested to provide the following information: A valid and unexpired ID, such as a passport, national ID card, or driver's license depending on country of issuance selected. Proof of address issued within the last 3 months, such as a utility bill, bank or credit card statement, internet/cable TV/house phone line bills, tax returns, council tax bills or other government issued certifications of residence. The proof of address must have your name, a date of issuance and a clearly stated address. No PO Box address is allowed. Make sure that the pictures of your documents are clear, show all their corners and sides, and no information is covered. Please note that screenshots, photos of document copies, and images altered in photo redactors are not acceptable. We appreciate your understanding and cooperation in following this process. If you have any questions or need further clarification, our customer support team is ready to assist you. Thank you for your attention to this matter. Verify me Thank you for your attention to this matter. Best regards, Customer Support Team

Aron

The payouts will be based on the price of crypto at the time of bankruptcy (BTC at $16000). This is the law and it is the same way all the others did it. This is why people claim to be getting more than 100%… it’s more money than bitcoin was worth at 16000, but still a fraction of what it would be worth today if they held it

Aron
>>150857964

This is correct. They will pay you based on a $16 Solana price, not today’s price.