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   • 
     Quartz on MSN.com

     Inflation hits McDonald's, FTX customers get paid back, Spirt Airlines struggles: Business news roundup

     Nearly all of FTX’s former customers will get back almost 100% of the money they lost at the time of the cryptocurrency exchange’s collapse — if not more.

     2 hours ago

   • 

     Associated Press on MSN.com

     FTX will return money to most customers less than 2 years after catastrophic crypto collapse

     3 days ago

   • 

     CoinDesk on MSN.com

     Was Sam Bankman-Fried Proven Right About FTX’s Solvency?

     19 hours ago

   • 

     The New York Times

     FTX Customers Poised to Recover All Funds Lost in Collapse

     3 days ago

   • CNN on MSN.com

     FTX customers are getting a rare good deal. Here’s why some are still angry

     2 days ago

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2. www.nytimes.com › 2024/05/08 › businessFTX Customers Poised to Recover All Funds Lost in Collapse

   www.nytimes.com › 2024/05/08 › business

   3 days ago · FTX also reached a deal to recoup more than $400 million from Modulo Capital, a hedge fund that Mr. Bankman-Fried had financed. And lawyers for FTX filed lawsuits to claw back funds from former ...

3. www.cnbc.com › 2024/05/08 › ftx-bankruptcy-mostFTX bankruptcy: Most customers of crypto firm will get all ...

   www.cnbc.com › 2024/05/08 › ftx-bankruptcy-most

   • Cached

   3 days ago · Almost all customers of collapsed cryptocurrency exchange FTX will get their money back — and more, according to a court filing. FTX estimates that it owes creditors around $11.2 billion ...

4. Videos

   • 

     6:45

     youtube.com

     FTX says it plans to pay back most customers

     May 9, 2024

     968 Views

   • 

     0:21

     msn.com

     FTX Investors to Receive November 2022 Bitcoin Value Refunds

     May 10, 2024

     0 Views

   • 

     3:25

     youtube.com

     FTX's bankruptcy plan would pay back customers with interest – but at bear market valuation

     May 8, 2024

     1.3K Views

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5. www.nytimes.com › article › ftx-bankruptcy-cryptoHere’s the Latest on the FTX Collapse - The New York Times

   www.nytimes.com › article › ftx-bankruptcy-crypto

   Nov 28, 2022 · FTX, one of the world’s largest cryptocurrency exchanges, collapsed with stunning speed this month. A run on deposits left the company owing customers $8 billion, setting off a chain of events...

   • Author: Lora Kelley

6. fortune.com › crypto › 2024/05/08FTX customers will get their money back and more—but the ...

   fortune.com › crypto › 2024/05/08

   • Cached

   2 days ago · Likewise, FTX’s shares in the AI startup Anthropic have also appreciated in value, and were sold for more than $880 million. In addition, FTX has 38 properties in the Bahamas, ...

7. People also ask

   What is the purpose of FTX?

   • FTX is one of the world’s largest cryptocurrency exchanges. It enables customers to trade digital currencies for other digital currencies or traditional money, and vice versa. It is based in the Bahamas and was run by Mr. Bankman-Fried. It has spent millions of dollars lobbying U.S. legislators to institute crypto-friendly regulation.

   What Happened to FTX? Here’s What to Know. - The New York Times

   www.nytimes.com/2022/11/10/technology/ftx-binance-crypto-explained.html

   See all results for this question

   How much money is missing from FTX?

   • At least one billion dollars of customer funds are missing from failed crypto exchange FTX, according to reporting by Reuters. Sam Bankman-Fried —the founder and CEO of FTX—covertly transferred $10 billion of customer funds from FTX to his own trading company Alameda Research, the outlet reported.

   $1 Billion of FTX Clients’ Money Has Reportedly Disappeared

   www.thedailybeast.com/dollar1billion-of-ftx-client-funds-is-missing-after-crypto-collapse-as-elon-musk-weighs-in-on-sam-bankman-fried

   See all results for this question

   What caused FTX to collapse?

   • FTX, backed by elite investors like BlackRock and Sequoia Capital, rapidly became one of the biggest crypto exchanges in the world. Its collapse was preceded by the decision to lend billions of dollars’ worth of customer assets to fund risky bets by Alameda, Bankman-Fried’s crypto hedge fund, The Wall Street Journal reported on Thursday.

   FTX collapse: The latest updates on the cryptocurrency crisis | CNN ...

   www.cnn.com/2022/11/14/business/ftx-crypto-collapse-updates-hnk-intl/index.html

   See all results for this question

   What happened to FTX?

   • The cryptocurrency exchange FTX has filed for bankruptcy amid revelations that it lent billions in customer assets to an affiliated trading firm called Alameda Research. Now its owner—a prominent Democratic donor and supporter of cryptocurrency regulation—is reportedly under criminal investigation.

   Bankrupt Crypto Exchange FTX Under Investigation

   reason.com/2022/11/14/bankrupt-crypto-exchange-ftx-under-investigation/

   See all results for this question

8. www.bbc.com › news › articlesFailed crypto firm FTX says has more than needed to pay victims

   www.bbc.com › news › articles

   3 days ago · FTX said it has been gathering the funds to pay its debts by selling assets investments held by Alameda Research or FTX Ventures businesses. Alameda was a crypto trading firm controlled by Bankman ...

9. www.reuters.com › technology › ftx-files-amendedFTX files amended reorganization plan, expects $14.5 bln-$16. ...

   www.reuters.com › technology › ftx-files-amended

   2 days ago · Crypto exchange FTX will have between $14.5 billion to $16.3 billion to pay its creditors and customers, according to an amended reorganization plan filed by the company on Tuesday in a U.S ...

10. www.nytimes.com › 2022/11/10 › technologyWhy Did FTX Collapse? Here’s What to Know. - The New York Times

    www.nytimes.com › 2022/11/10 › technology

    Nov 10, 2022 · FTX is one of the world’s largest cryptocurrency exchanges. It enables customers to trade digital currencies for other digital currencies or traditional money, and vice versa. It is based in the...