There is a rumour of FTX insolvency

[troubled soul]

From what I understood it is a personal guarantee type of bail, so the real amount did not have to be posted. They let him out on leverage .

but giving Bail is not wise decision....I find shameful act.......It is mockery of law

 

[JohnnyDoe]

but giving Bail is not wise decision....I find shameful act.......It is mockery of law

Law is different for dems (when adequately funded).

 

[Martin Everson]

Now he just needs to escape U.S like the Nissan boss did from Japan .

 

[Simon4466]

Apparently they still allow him to use his laptop (it seems from the following tweet)

 

[void]

Apparently they still allow him to use his laptop (it seems from the following tweet)

he is apparently relentlessly working on the solution for all the people he owes the money
also probably sending emails to all the democrats and celebrities he bribed trying to convince them to save their dignity and return what he gave them - I mean who would like to keep the dirty money, right?

 

[JohnnyDoe]

Apparently they still allow him to use his laptop (it seems from the following tweet)

He was chatting with Zelensky, he needs advice on where to put his billions now.

 

[khinkali]

in 2019, SBF's father co-hosted a podcast on The Power of the Presidential Pardon.



Coincidentally, FTX donated $5.2m to President Joe Biden's 2020 election campaign.

https://cointelegraph.com/news/ceo-of-crypto-derivatives-exchange-ftx-donated-5m-to-biden-campaign

 

[troubled soul]

This little-known firm with a weird website was central to the misappropriation of FTX customers' money, regulators say
https://markets.businessinsider.com...-funds-crypto-north-dimension-website-2022-12

 

[JohnnyDoe]

This little-known firm with a weird website was central to the misappropriation of FTX customers' money, regulators say
https://markets.businessinsider.com...-funds-crypto-north-dimension-website-2022-12

Basically a front of a front

 

[kilor]

Sadly it was not just a rumor it was fact

 

[Martin Everson]

Crypto lender Genesis declares bankruptcy as digital currency woes widen​

https://www.cbsnews.com/news/genesis-global-bankruptcy-cryptocurrency-lender-ftx/

 

[void]

crypto.com is hopefully next

 

[troubled soul]

FTX Japan Resumes Withdrawals in Fiat and Crypto
https://www.financemagnates.com/cryptocurrency/ftx-japan-resumes-withdrawals-in-fiat-and-crypto/

 

[void]

https://www.cnbc.com/2024/03/28/live-updates-ftx-founder-sam-bankman-fried-sentencing.html

 

[JohnLocke]

The intentions were really good, at least if you look at his videos from a few years back. Shame he didn't follow through. Earn money to give it to those in need.

 

[Raul78]

waiting for my claim yet

 

[walako]

Hi! Does anyone know what are the current options to receive funds from FTX? Thanks a lot! Any advisors, brokers, services?

 

[Simon4466]

Hi! Does anyone know what are the current options to receive funds from FTX? Thanks a lot! Any advisors, brokers, services?

Didnt you have until last year to file a claim with Kroll? I think they will likely just contact you through their known channels. Just guessing tho (never had any funds there, or any CEX for that matter).

 

[Simon4466]

https://claims.ftx.com/

Just found this, I think it may help

 

[kilor]

It will probably take a long time before you get your money out of that venture. There are other examples here on OCT where people have waited for several years before anything happens, and some are still waiting.