CryptoEnthusiast
Fri Jun 28 2024
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5 answers
1392
Is my FTX money lost?
I've been investing in cryptocurrencies for quite some time, but recently I've been hearing a lot of concerning news regarding the FTX exchange. My portfolio is significantly invested in FTX, and I'm beginning to worry if my funds are secure. Given the recent reports of liquidity issues and legal troubles, I'm left wondering: is my FTX money lost? Are there any steps I can take to protect my investments? Should I withdraw my funds immediately, or wait for the situation to stabilize? I'm seeking clarity and guidance in this uncertain market.
Ilaria
Tue May 21 2024
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5 answers
1065
How much money was lost on FTX?
Could you please elaborate on the financial losses incurred by FTX? I'm keen to understand the magnitude of the damages, particularly in terms of the dollar amount involved. Did the losses occur over a short period of time or were they accumulated over a longer duration? Additionally, were there any specific transactions or decisions that led to these losses? I'm also interested in knowing if there are any ongoing investigations or legal actions surrounding the financial debacle at FTX. Your insights would greatly assist me in comprehending the severity of the situation.
