Sitting Duck
105 posts

Sitting Duck
@mabrigido
Trading Diary: Sui degen for now (not financial advice)
Katılım Haziran 2009
202 Takip Edilen66 Takipçiler
Sitting Duck retweetledi

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Thanks to @sunil_trades , I was able to navigate the bureaucracy in the FTX bankruptcy. I’m one among thousands he helped for years, without asking for a single cent in return.
For us, ordinary people who work and dream, you are a thread of hope in this world emptied of decency.
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@sunil_trades Bahamas confirmed. Funds show in Bitgo balance and are to be withdrawable on the 30th september
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@sunil_trades Seems even disputed are better off than pending KYC in Bahamas PWC process 😭
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FTX Disputed claims
Approx.
Reserve to pay disputed claims: $6.5bn
Disputed to be allowed: $3.1bn
30th May Distribution: $5bn
18th Feb Distributed: $454m
Current allowed claims: $7.5bn
Total Estimated allowed claims: $10.6bn
30% of allowed claims are disputed - legit claims will be allowed
Lots disputed claims <$50k for 18th Feb
Turned to allowed on 30th May
Likely disputed will be paid at next distribution

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@sunil_trades Even though my identity verification was pending for months I was able to submit payment instructions about 2 months ago.
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@criptojey @sunil_trades Same. They thanked me for the documents, they didn’t ask for anything else, but status did not change.
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@sunil_trades Do we have to do something on our side? I provided Sumsub 3 months ago and waiting for my KYC to get verified
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