MultiversX Tracker is Live!

FTX paid $121.8 million in legal, consulting and financial services between Feb. 1 and April 30, aka around $1 million per day while the users who lost money have gotten nothing back.

All Cryptocurrencies

by COINS NEWS 77 Views

SBF was really and truly a bank man, anything to make tradfi more money while negatively affecting ftx actual users who lost money. How would you feel if you lost money to ftx scam and you see them paying millions everyday to law firms etc when they could have just tokenized the debt and slowly paid it off.

"As restructuring advisors, their claims and compensation sit on top of other claims and are 'super senior' to the unsecured claims bucket which includes customer deposits," The Block Research's Greg Lim.

While customers have not seen a dollar of their money back, the law firms and advisors are eating good and creating plans of FTX 2.0 just like how Luna had its own LUNA 2.0

We all know how bad that turned out too.

submitted by /u/NaturephilicReaction
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments