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FTX Creditors Face Disappointment Despite “143% Payout” Headlines
According to recent reports, FTX creditors might not see the windfall they were hoping for even though the exchange claims it will repay up to 143% of their losses.
The catch?
Repayments will be based on fiat values at the time of FTX’s collapse (Nov 2022) when Bitcoin was around $16K, not today’s ~$70K.
So while the numbers look good on paper, the real crypto value of those repayments is far lower. Many creditors feel they’re losing out on massive gains they would’ve had if their assets hadn’t been trapped.
Once again, a reminder that in crypto custody and timing are everything.
#FTX #CryptoNews #bankruptcy #CryptoRecovery #bitcoin
According to recent reports, FTX creditors might not see the windfall they were hoping for even though the exchange claims it will repay up to 143% of their losses.
The catch?
Repayments will be based on fiat values at the time of FTX’s collapse (Nov 2022) when Bitcoin was around $16K, not today’s ~$70K.
So while the numbers look good on paper, the real crypto value of those repayments is far lower. Many creditors feel they’re losing out on massive gains they would’ve had if their assets hadn’t been trapped.
Once again, a reminder that in crypto custody and timing are everything.
#FTX #CryptoNews #bankruptcy #CryptoRecovery #bitcoin
FTX SHOCKER: Creditors Facing 9% Recovery – But Look At $FTT !The truth is out! FTX creditors could recover a dismal 9% after price adjustments. This is a stark warning. While some face devastating losses, the market is moving FAST! $FTT is defying gravity, PUMPING +6.47% right now at 0.9059! Don't get left behind like the rest. Every second counts. $SOL is at 184.26, showing the volatility. The window of opportunity is closing. Get in, or get out. This isn't a drill. The next move could define your portfolio. Act now!
#CryptoNews #FTX #FTT #AltcoinGems #UrgentTrade 🚀
#CryptoNews #FTX #FTT #AltcoinGems #UrgentTrade 🚀
Sam Bankman-Fried’s Last Chance — Appeals Court to Review FTX Founder’s Retrial Request Next Week
The story of Sam Bankman-Fried, once a star in the crypto world and now a fallen figure, is entering what might be its final chapter. Next week, the U.S. Court of Appeals is set to hear arguments on his motion for a retrial — a moment that could decide whether he gets another chance to defend himself or if his conviction will stand.
Bankman-Fried, the founder of #FTX , was convicted earlier this year on multiple counts of fraud and conspiracy tied to one of the biggest financial collapses in crypto history. Billions of dollars in customer funds were reportedly misused through risky bets and political donations, leading to the platform’s sudden bankruptcy and the shockwave that followed across the entire crypto industry.
Now, his legal team argues that there were major flaws in the original trial — including what they call “procedural errors” and “prejudicial testimony” that could have influenced the jury’s decision. They’re pushing for a retrial, hoping to reopen parts of the case and reduce his sentence or even overturn the verdict.
But prosecutors are pushing back hard. They claim the evidence against Bankman-Fried was “overwhelming” and that his team is using delay tactics. The Department of Justice maintains that the jury’s decision was based on clear proof — including internal communications, witness testimonies, and financial records that directly tied FTX’s missing funds to his decisions.
The hearing next week will be crucial. If the appeals court rejects his motion, this could mark the end of Bankman-Fried’s legal options, leaving him to serve out a potentially decades-long sentence. But if the court finds grounds for reconsideration, it could reopen one of the most closely watched cases in modern finance.
For the crypto industry, the case still carries weight. It represents not just the fall of one company, but the loss of trust that rippled through an entire ecosystem. The verdict on this appeal could signal whether there’s room for redemption — or whether FTX’s story remains a hard lesson in greed, overconfidence, and the dangers of unchecked power.
As the hearing approaches, one thing is clear: next week might be Sam Bankman-Fried’s final shot at rewriting his story — or confirming his fate.
Bankman-Fried, the founder of #FTX , was convicted earlier this year on multiple counts of fraud and conspiracy tied to one of the biggest financial collapses in crypto history. Billions of dollars in customer funds were reportedly misused through risky bets and political donations, leading to the platform’s sudden bankruptcy and the shockwave that followed across the entire crypto industry.
Now, his legal team argues that there were major flaws in the original trial — including what they call “procedural errors” and “prejudicial testimony” that could have influenced the jury’s decision. They’re pushing for a retrial, hoping to reopen parts of the case and reduce his sentence or even overturn the verdict.
But prosecutors are pushing back hard. They claim the evidence against Bankman-Fried was “overwhelming” and that his team is using delay tactics. The Department of Justice maintains that the jury’s decision was based on clear proof — including internal communications, witness testimonies, and financial records that directly tied FTX’s missing funds to his decisions.
The hearing next week will be crucial. If the appeals court rejects his motion, this could mark the end of Bankman-Fried’s legal options, leaving him to serve out a potentially decades-long sentence. But if the court finds grounds for reconsideration, it could reopen one of the most closely watched cases in modern finance.
For the crypto industry, the case still carries weight. It represents not just the fall of one company, but the loss of trust that rippled through an entire ecosystem. The verdict on this appeal could signal whether there’s room for redemption — or whether FTX’s story remains a hard lesson in greed, overconfidence, and the dangers of unchecked power.
As the hearing approaches, one thing is clear: next week might be Sam Bankman-Fried’s final shot at rewriting his story — or confirming his fate.
So much for Uptober
Red #Uptober : Why Bitcoin Just Had Its Worst October in Years _ Analysts spoke to Decrypt about why October—dubbed "Uptober" for its historically strong returns—ended up being a downer for Bitcoin.
Crypto Leverage Trading a 'Major Problem', Says Former #FTX US President _ Ex-FTX US president Brett Harrison is launching a perp exchange for traditional assets and wants to avoid the risks present in crypto.
'We Fucked Up': #MEXC Exec Promises Changes After Blowup Over Frozen Crypto Millions _ Crypto exchange MEXC says it's changing processes after an influencer's crusade to unlock his $3 million account.
Romanian Regulator Blacklists #Polymarket as 'Gambling That Must Be Licensed' _ The Romanian National Office for Gambling said Polymarket's model of betting on future results is gambling and must be licensed.
Source: #Decrypt Media _ Daily Dispatch
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$BTC
Red #Uptober : Why Bitcoin Just Had Its Worst October in Years _ Analysts spoke to Decrypt about why October—dubbed "Uptober" for its historically strong returns—ended up being a downer for Bitcoin.
Crypto Leverage Trading a 'Major Problem', Says Former #FTX US President _ Ex-FTX US president Brett Harrison is launching a perp exchange for traditional assets and wants to avoid the risks present in crypto.
'We Fucked Up': #MEXC Exec Promises Changes After Blowup Over Frozen Crypto Millions _ Crypto exchange MEXC says it's changing processes after an influencer's crusade to unlock his $3 million account.
Romanian Regulator Blacklists #Polymarket as 'Gambling That Must Be Licensed' _ The Romanian National Office for Gambling said Polymarket's model of betting on future results is gambling and must be licensed.
Source: #Decrypt Media _ Daily Dispatch
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$BTC
$FTT 🚀 $FTT Showing Strong Bullish Momentum — Breakout Imminent!
$FTT is displaying a solid bullish setup, and the market is starting to take notice! 🔥
Buyers are reclaiming key levels with increasing volume, signaling accumulation and a potential breakout move on the horizon.
With renewed investor confidence, exchange-related activity picking up, and positive sentiment returning to the token’s ecosystem, the fundamentals are aligning perfectly with this bullish momentum. A decisive move above resistance could ignite a powerful rally! 🚀
Always stay alert and stick to the Alpha coins I share — because when we move together, we win together! 💎
#FTT #BullishVibes #CryptoAlert #MarketMomentum #FTX @FTX
$FTT is displaying a solid bullish setup, and the market is starting to take notice! 🔥
Buyers are reclaiming key levels with increasing volume, signaling accumulation and a potential breakout move on the horizon.
With renewed investor confidence, exchange-related activity picking up, and positive sentiment returning to the token’s ecosystem, the fundamentals are aligning perfectly with this bullish momentum. A decisive move above resistance could ignite a powerful rally! 🚀
Always stay alert and stick to the Alpha coins I share — because when we move together, we win together! 💎
#FTT #BullishVibes #CryptoAlert #MarketMomentum #FTX @FTX
FTX Recovery SHOCKER: The REAL Payout You WON'T Believe!
FTX creditors, wake up! Your promised 143% payout is a devastating illusion. The TRUE crypto recovery is a shocking 9-46% once adjusted for today's surging market. Your real gains are being decimated! While they talk numbers, the actual value for your $FTT holdings is slipping away. Don't let this market explosion pass you by! The game-changer? Airdrops! Paradex has already delivered, and more projects are launching. This is your critical moment to seize additional recovery and ride the $SOL surge. The window is closing. Act immediately before you miss out entirely!
Disclaimer: Not financial advice. Do your own research.
#FTX #CryptoNews #AirdropOpportunity #FOMO #TradeAlert 🚀
FTX creditors, wake up! Your promised 143% payout is a devastating illusion. The TRUE crypto recovery is a shocking 9-46% once adjusted for today's surging market. Your real gains are being decimated! While they talk numbers, the actual value for your $FTT holdings is slipping away. Don't let this market explosion pass you by! The game-changer? Airdrops! Paradex has already delivered, and more projects are launching. This is your critical moment to seize additional recovery and ride the $SOL surge. The window is closing. Act immediately before you miss out entirely!
Disclaimer: Not financial advice. Do your own research.
#FTX #CryptoNews #AirdropOpportunity #FOMO #TradeAlert 🚀
#FTX creditor representative Sunil stated that the real crypto recovery rate for FTX creditors ranges between 9% and 46%, and the actual value could be even lower due to current high crypto prices. Even with a nominal payout of 143%, creditors would still not be made whole in real crypto terms. Additional recovery is expected from airdrops by projects to FTX creditors outside the bankruptcy process. Paradex has already airdropped tokens to FTX creditors, with more projects likely to follow.
🚨 Breaking News #1 | Saturday, Nov 1
SBF’s X account claims FTX was never bankrupt, sparking a brief uptick in $FTT token. 💥📈
Market reacts quickly — speculation returns around the fallen exchange. 👀
#FTX #CryptoNews #Web3
SBF’s X account claims FTX was never bankrupt, sparking a brief uptick in $FTT token. 💥📈
Market reacts quickly — speculation returns around the fallen exchange. 👀
#FTX #CryptoNews #Web3
🔥 SBF SHOCKER: "FTX Never Went Bankrupt!" 🤯
Sam Bankman-Fried (SBF), the former FTX CEO, has made an astonishing claim from behind bars: FTX was never truly insolvent. In a recent document, SBF argued that FTX always possessed enough assets to repay all customers in full, claiming that the firm's collapse was primarily caused by the bankruptcy lawyers and the decision to file for Chapter 11, not by a lack of funds. He asserts that the current value of the estate's assets has soared, proving solvency. This controversial statement directly challenges the narrative of massive fraud and the 2022 liquidity crisis that shook the crypto world, reigniting debate over who is truly to blame for FTX's downfall. The legal drama just got a major new twist.
#SBF #FTX #ftt #CryptoNews
Sam Bankman-Fried (SBF), the former FTX CEO, has made an astonishing claim from behind bars: FTX was never truly insolvent. In a recent document, SBF argued that FTX always possessed enough assets to repay all customers in full, claiming that the firm's collapse was primarily caused by the bankruptcy lawyers and the decision to file for Chapter 11, not by a lack of funds. He asserts that the current value of the estate's assets has soared, proving solvency. This controversial statement directly challenges the narrative of massive fraud and the 2022 liquidity crisis that shook the crypto world, reigniting debate over who is truly to blame for FTX's downfall. The legal drama just got a major new twist.
#SBF #FTX #ftt #CryptoNews
🚨 JUST IN: Sam Bankman-Fried Speaks Out! 💬⚡
💣 In a shocking statement, Sam Bankman-Fried (SBF) claims —
👉 “FTX was never bankrupt, even when its lawyers placed it into bankruptcy.” 🏛️😱
💭 The ex-FTX CEO insists the exchange had enough assets 💰 to cover users — blaming legal and management chaos for its downfall ⚖️🔥
😬 The crypto community is stunned 🤯 — was it really a legal trap or just damage control?
🔍 As the FTX saga continues, one thing’s for sure —
👉 The drama in crypto history 📜 is far from over!
#FTX #SBF #CryptoNews #Bitcoin #Blockchain #BreakingNews 🪙⚡🔥
$ETH $XRP $TRUMP
💣 In a shocking statement, Sam Bankman-Fried (SBF) claims —
👉 “FTX was never bankrupt, even when its lawyers placed it into bankruptcy.” 🏛️😱
💭 The ex-FTX CEO insists the exchange had enough assets 💰 to cover users — blaming legal and management chaos for its downfall ⚖️🔥
😬 The crypto community is stunned 🤯 — was it really a legal trap or just damage control?
🔍 As the FTX saga continues, one thing’s for sure —
👉 The drama in crypto history 📜 is far from over!
#FTX #SBF #CryptoNews #Bitcoin #Blockchain #BreakingNews 🪙⚡🔥
$ETH $XRP $TRUMP
Sam Bankman-Fried has come forward again, saying that FTX was never truly bankrupt, even when the company was forced into bankruptcy by its lawyers. In a new document titled FTX: Where Did The Money Go?, he and his team claim that customer funds never disappeared.
According to the report, more than seven million users had put in about twenty billion dollars before FTX collapsed in November 2022. When withdrawals stopped, the company said it owed eight billion dollars, but Sam insists the money was always there just tied up in assets that weren’t easily accessible.
The document also mentions that most creditors have already been repaid more than their original amounts, between 119 and 143 percent. Even after legal fees and claims, the estate still has around eight billion dollars left.
In simple terms, Sam argues that FTX didn’t fall because it was broke, but because of a temporary liquidity problem and poor management decisions during the crisis.
If his version is right, it changes how people see one of crypto’s biggest scandals. Instead of a total collapse, it might have been a fast-moving panic that spiraled out of control.
#FTX #CryptoNews #SamBankmanFried
According to the report, more than seven million users had put in about twenty billion dollars before FTX collapsed in November 2022. When withdrawals stopped, the company said it owed eight billion dollars, but Sam insists the money was always there just tied up in assets that weren’t easily accessible.
The document also mentions that most creditors have already been repaid more than their original amounts, between 119 and 143 percent. Even after legal fees and claims, the estate still has around eight billion dollars left.
In simple terms, Sam argues that FTX didn’t fall because it was broke, but because of a temporary liquidity problem and poor management decisions during the crisis.
If his version is right, it changes how people see one of crypto’s biggest scandals. Instead of a total collapse, it might have been a fast-moving panic that spiraled out of control.
#FTX #CryptoNews #SamBankmanFried
Digital voulat:
massive
#Halloween dose of hopium
'HOPIUM' for Bitcoin Price #Bull 's _ A long-term moving average indicator offers hope to bitcoin bulls.
Sam Bankman-Fried Posts Lengthy '#FTX Was Never Insolvent' Document _ The disgraced FTX founder resurfaced on social media with a sprawling self-defense arguing that customers could have been made whole in 2022.
XRP Drops 5% to $2.47 as #Bear 's Break Key Support Level _ The breach of the $2.50 level triggered significant trading activity, with a 158% increase in volume.
Source: #CoinDesk Headlines
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$BTC $XRP
'HOPIUM' for Bitcoin Price #Bull 's _ A long-term moving average indicator offers hope to bitcoin bulls.
Sam Bankman-Fried Posts Lengthy '#FTX Was Never Insolvent' Document _ The disgraced FTX founder resurfaced on social media with a sprawling self-defense arguing that customers could have been made whole in 2022.
XRP Drops 5% to $2.47 as #Bear 's Break Key Support Level _ The breach of the $2.50 level triggered significant trading activity, with a 158% increase in volume.
Source: #CoinDesk Headlines
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$BTC $XRP
📢 FTX Controversy Update
Sam Bankman-Fried (SBF) claims that FTX was “never bankrupt”, revealing an estimated $136B in petition-date holdings despite the exchange being placed into bankruptcy by its lawyers. The crypto community has reacted strongly, criticizing the claim and warning against trusting SBF again, as skepticism and calls for accountability continue to grow.
#FTX #SambankmanFried #CryptoNews #blockchain #Write2Earn
Sam Bankman-Fried (SBF) claims that FTX was “never bankrupt”, revealing an estimated $136B in petition-date holdings despite the exchange being placed into bankruptcy by its lawyers. The crypto community has reacted strongly, criticizing the claim and warning against trusting SBF again, as skepticism and calls for accountability continue to grow.
#FTX #SambankmanFried #CryptoNews #blockchain #Write2Earn
💥 SBF Claims FTX Was Never Insolvent
Sam Bankman-Fried (SBF) resurfaced on X, posting a lengthy document arguing that FTX was never insolvent. The post claims that if FTX and Alameda had survived, FTT would be worth $22 billion today. This reprisal of arguments from his trial has reignited debate in the crypto community, though trust in SBF remains extremely low.
#FTX #SBF #CryptoNews #ftt #Write2Earn
Sam Bankman-Fried (SBF) resurfaced on X, posting a lengthy document arguing that FTX was never insolvent. The post claims that if FTX and Alameda had survived, FTT would be worth $22 billion today. This reprisal of arguments from his trial has reignited debate in the crypto community, though trust in SBF remains extremely low.
#FTX #SBF #CryptoNews #ftt #Write2Earn
🚨 SBF claims #FTX never went insolvent, calling its 2022 collapse a legal failure, not a liquidity crisis.
He says 98% of creditors were repaid 120%, with $8B still left.
If true and if he’s ever pardoned... $FTT could be worth watching 👀
He says 98% of creditors were repaid 120%, with $8B still left.
If true and if he’s ever pardoned... $FTT could be worth watching 👀
Sam Bankman-Fried Claims “FTX Was Never Insolvent” 📄
Former FTX CEO Sam Bankman-Fried resurfaced on social media with a lengthy document arguing that the exchange “was never insolvent”. He claims that bankruptcy lawyers, rather than poor balance sheets, were responsible for the 2022 collapse, asserting that customers could have been made whole. This latest defense reignites debates around accountability and the true causes of the FTX downfall.
#FTX #SambankmanFried #CryptoNews #CryptoUpdate #Write2Earn
Former FTX CEO Sam Bankman-Fried resurfaced on social media with a lengthy document arguing that the exchange “was never insolvent”. He claims that bankruptcy lawyers, rather than poor balance sheets, were responsible for the 2022 collapse, asserting that customers could have been made whole. This latest defense reignites debates around accountability and the true causes of the FTX downfall.
#FTX #SambankmanFried #CryptoNews #CryptoUpdate #Write2Earn
Sam Bankman Fried and his team have released a document claiming that FTX was never truly bankrupt, even when the exchange was officially placed into bankruptcy in November 2022. According to their report, over seven million customers had deposited around twenty billion dollars into FTX, and while the company owed eight billion dollars at the time of the collapse, the funds were never gone.
The paper argues that after two years of review, the estate revealed FTX had enough assets to repay all customers in full. It states that creditors are now being paid between one hundred nineteen and one hundred forty three percent of what they were owed. Around ninety eight percent of creditors have already received at least one hundred twenty percent, while the estate still holds about eight billion dollars after paying legal and claim costs.
Sam and his team claim that the real issue was not insolvency but a temporary liquidity crisis, suggesting that FTX had enough assets but not enough cash flow to meet withdrawals. They also imply that the decision to file for bankruptcy was made too quickly by external legal advisers who took control during the panic.
If true, these claims could reshape the public view of what happened inside FTX. They paint a picture of an exchange that suffered a short term liquidity squeeze rather than an outright collapse. However, many in the crypto community remain skeptical, waiting for official confirmation and court backed evidence to support these new allegations.
#FTX
The paper argues that after two years of review, the estate revealed FTX had enough assets to repay all customers in full. It states that creditors are now being paid between one hundred nineteen and one hundred forty three percent of what they were owed. Around ninety eight percent of creditors have already received at least one hundred twenty percent, while the estate still holds about eight billion dollars after paying legal and claim costs.
Sam and his team claim that the real issue was not insolvency but a temporary liquidity crisis, suggesting that FTX had enough assets but not enough cash flow to meet withdrawals. They also imply that the decision to file for bankruptcy was made too quickly by external legal advisers who took control during the panic.
If true, these claims could reshape the public view of what happened inside FTX. They paint a picture of an exchange that suffered a short term liquidity squeeze rather than an outright collapse. However, many in the crypto community remain skeptical, waiting for official confirmation and court backed evidence to support these new allegations.
#FTX
shzokacoin:
Keep the flow alive
🚨 #FTX bombshell: #SBF just posted a 15-page claim saying FTX wasn’t insolvent—it was a liquidity crisis and, he argues, the books could’ve covered customers if handled differently. 🧨
Markets reacted fast (a brief $FTT pop) but investigators like ZachXBT slammed the claim — valuations matter at the time, not today’s inflated prices — and excluded creditors (e.g., China) remain furious. Add rumors of a pardon and SBF’s Nov 4 sentencing, and you’ve got pure narrative for a Mexican Drama Show.
#SBFFTX #Write2Earn
Markets reacted fast (a brief $FTT pop) but investigators like ZachXBT slammed the claim — valuations matter at the time, not today’s inflated prices — and excluded creditors (e.g., China) remain furious. Add rumors of a pardon and SBF’s Nov 4 sentencing, and you’ve got pure narrative for a Mexican Drama Show.
#SBFFTX #Write2Earn
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