MultiversX Tracker is Live!

If you direct deposited money in FTX in the last 60 days, you can phone your bank and tell them you want a refund according to Section E of CFPB Regulations, and the bank can not refuse.

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by COINS NEWS 71 Views

Unsure how many of you this might assist, but figured I'd submit it simply in case. Silvergate, the cost processor FTX used, would pay for the refund. They took the danger, so it's on them to refund. This can help maintain those deposits out of the chapter fiasco. I didn't know this till I noticed it earlier at present on Bloomberg.

That is for the US, so FTX US, however I assume different nations probably have comparable laws. Right here is the link to the CFPB website so you'll be able to check it out for your self if you want to. I hope everyone involved in all of this will get the absolute best consequence. Crypto has been crazy these days, keep robust all. Enjoy the weekend.

https://www.consumerfinance.gov/rules-policy/final-rules/code-federal-regulations/

submitted by /u/straymaritimer
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