_ftx-recovers-billions-to-repay-crypto-exchange-collapse-victims.jpg "FTX Recovers Billions to Repay Crypto Exchange Collapse Victims from sell her soul be popular Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 255K times
✓ Published: 10-May-2024
👁 View: 255K times
✓ Published: 10-May-2024
Description:
FTX has recovered billions more than needed to fully repay customers who lost funds when the crypto exchange collapsed in November 2022. Once it sells all assets, FTX will have approximately $16 billion cash versus the $11 billion it owes to over 2 million non-governmental creditors. This is an unprecedented result as bankruptcy typically yields just pennies on the dollar for lower-ranking creditors. FTX benefited from rallies in endorsed tokens like Solana, allowing repayment in full plus interest.
FTX has recovered billions more than needed to fully repay customers who lost funds when the crypto exchange collapsed in November 2022. Once it sells all assets, FTX will have approximately $16 billion cash versus the $11 billion it owes to over 2 million non-governmental creditors. This is an unprecedented result as bankruptcy typically yields just pennies on the dollar for lower-ranking creditors. FTX benefited from rallies in endorsed tokens like Solana, allowing repayment in full plus interest.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
![The Peerless Tang Sect [ Soul Land 2 ] EP.50 Engsub](https://cdn5.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KFSWxoGSwEacerwMRIUuYZv9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_the-peerless-tang-sect-soul-land-2-ep-50-engsub.webp "The Peerless Tang Sect [ Soul Land 2 ] EP.50 Engsub")
_tata-motors-in-focus-124-ask-profit-124-ndtv-profit.webp "#TataMotors tumbles over 8% after its Q4 results. Should you buy, sell or hold?<br/><br/><br/>Get all your stock-related queries answered by our technical and fundamental guests with Alex Mathew and Smriti Chaudhary on Ask Profit. #NDTVProfitLive<br/><br/>")
_douluo-dalu-2-s1-episode-48-soul-land-2-the-unrivaled-tang-sect-124-donghua-1080p.webp "#yunzhi#yzdw<br/><br/>donghua,donghua sub indo,multisub,chinese animation,yzdw,donghua eng sub,multi sub,sub indo,The Unrivaled Tang Sect,soul land 2 season 1 episode 48,douluo dalu 2 episode 48<br/>")
_the-hardest-boss-in-every-souls-game.webp "The HARDEST Boss In Every Souls Game from sell her soul be popular")
_ep48-the-peerless-tang-sect-ep-48-multi-sub-soul-land-2-juensi-tangmen.webp "Soul Land 2-The Peerless Tang Sect 48 ,Soul Land 2,The Peerless Tang Sect Duolo dalu 2,The unrivaled Tang Sect.")
⏲ 20:44 👁 4.2M
_fallout-s01e01.webp "As a longtime fan of Fallout, this was a mere paintjob of Fallout over countless modern-day ideals that would not exist in such a world.If you were expecting something more like Waterworld or Mad Max, solid shows that understood grit in a harsh world from the turn of the century, you will be dissapointed.There are no physical requirements for the Brotherhood of Steel. They allow their initiates to have guts in a world of scarcity. Everything is the modern DEI buzz with a coat of paint over it, the bones and soul of this world is not Fallout, it’s our world with a holographic overlay.I don’t think writers can even imagine worlds unlike our own anymore, unlike the elite tech companies and creative bubbles of the east and west coast. Over 200 years of radiation, scarcity, military cult purity tests, ignorance, and loss…we are still in the modern day with modern messages only an inch beneath the shallow surface of this ‘world’.")
_this-company-wants-you-to-rent-your-credit-history.webp "When a woman who once bore the title “Financial Applications Product Owner II” at an insurance company, starts a TikTok with “this is the sketchiest thing I’m doing to make extra money,” you might think she’s playing it up for drama. But Amber Smith, a 27-year-old from Des Moines, Iowa with an MBA, is dead serious. She’s swapped insurance for the influencer business (focusing her content on reselling clothes), and she’s been picking up $40 here and there with a scheme that sounds pretty shady.<br/><br/>“I’ve started selling tradelines on my credit cards,” Smith says in the video that has since garnered millions of views across the social mediasphere. “Essentially what this is, is if a person has bad credit, but they know that they need to get a mortgage or a car loan or something, they pay money to this website,” she says, referring to Tradeline Supply Company, a San Diego based broker. “This website matches them up with me based on what they’re looking for and I add them as an authorized user to my credit card.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/05/07/this-company-wants-you-to-rent-your-credit-history/?sh=58ff759f20e5<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_soul-land-2-episode-48-sub-indo.webp "For All Episode Download Animekill mobile app here : https://bit.ly/animekillapp<br/>Soul Land 2 Episode 48 Sub Indo #donghua #btth #PerfectWorld")
_the-peerless-tang-sect-soul-land-2-ep-50-engsub.jpg)
_tata-motors-in-focus-124-ask-profit-124-ndtv-profit.jpg)
_douluo-dalu-2-s1-episode-48-soul-land-2-the-unrivaled-tang-sect-124-donghua-1080p.jpg)
_the-hardest-boss-in-every-souls-game.jpg)
_ep48-the-peerless-tang-sect-ep-48-multi-sub-soul-land-2-juensi-tangmen.jpg)
_fallout-s01e01.jpg)
_this-company-wants-you-to-rent-your-credit-history.jpg)
_soul-land-2-episode-48-sub-indo.jpg)
![[+]](/images/menu.gif){kind=small}