#FTX #FTT

GM…

SEC Chair Gensler says rebooted FTX run by ex-NYSE chief is possible if done 'within the law'

• CNBC

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#FTT

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#DWF #nice

Fresh podcast with Andrei Grachev from DWF, about MM, markets and more on ICO Drops. Interesting…

Some Andrei’s thoughts:
Expects crypto to continue growing in 2024…
Crypto market - lots of risk tolerant people. A lot of gambling…
Andrei doesn't understand who can short when the funding reaches 2-3%😆
Only 2% of people make money on exchanges
We don't announce a lot of deals
Per 100 investment applications, we support 3-5
DWF Ventures is a separate entity from DWF
Top funds: #Sequoia, #Jump, Binance Labs, KuCoin…
#BLAST - pure gambling, but doesn’t expect scam
We bought a lot of #TON this year and hedge the deal body
Telegram may launch its own stablecoin
Don’t like #SOL
#EOS very good financial investment
I personally have only #BTC and #USDT, and #ETH for fees…
I have no beef with #GSR and #Wintermute, the whole conflict is pure competition.
#TheBlock is partially owned by Wintermute
We works with 20 projects from top100, and 350 from top1000
Social media is coming to the forefront
We don't plan to buy #media, we believe in KOL
To make a unicorn, you need either a product [#INJ] or a narrative with luck [memecoins]
#Binance is an important part of the market. Will close for Russians next fall
#Unlock is mainly about OTC, for good projects they do not have a strong impact on the price
We are being offered to buy the debt in FTX for 65%, previously offered 30%. Didn't sell
FTX Japan preparing to restart
FTX2.0 will launch and we'll see which way it goes, either offshore or pure American.
#USTC has no value but is going up because of the bull market and short term narrative, same with the #FTT. Speculative history
#AI is already highly developed in HFT trading. Prediction model for short and long term
#NFT doesn’t trade, but looking on it, depends on the season
Work on Crypto fight. I will fight myself)
Plan to sponsor sports
Hobby - sport, walking, living in Switzerland, don’t drink
Like: #SHRAP, #MASK

*Russian language

• Drops

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#FTX #FTT

FTX Approved to Start Selling $744 Million in Grayscale Assets

• BBG

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#FTT #FTX

FTX Debtors and FTX Digital Markets (Bahamas) Announce Global Settlement

• For the purposes of making distributions to FTX.com customers, the FTX Debtors and FTX Digital Markets will pool assets and coordinate the establishment of reserves and the timing and amount of distributions, in order to ensure that FTX.com customers in both proceedings receive substantially identical relative distributions at substantially identical times.
• Subject to the Global Settlement Agreement, all customers of FTX.com (other than insiders and certain excluded customers against whom the FTX Debtors have pending or potential claims) will have the election to have their claims reconciled and paid in the Chapter 11 cases of the FTX Debtors or in the liquidation proceeding for FTX Digital Markets in the Bahamas, under elective procedures to be finalized and proposed to the Courts for prior approval. The parties intend that this election by customers will not have material economic consequences for holders of claims.
• The FTX Debtors and FTX Digital Markets have agreed to seek to reconcile their approaches to the valuation of FTX.com customer claims in order to minimize potential discrepancies in the administration of their respective proceedings.
• All FTX.com customer claims for cash or digital assets (other than those relating to NFTs) will be valued in both proceedings in U.S. Dollars as of the applicable petition dates, with no differential payments based on post-petition fluctuations in asset prices.
• The valuation of digital assets at the petition time will reflect a consensual approach between the FTX Debtors and FTX Digital Markets, approved by both Courts.
• FTT interests against the FTX Debtors and FTX Digital Markets will be treated as equity and not receive any recovery.
• customer preferences will be reconciled in a jointly-administered process, pursuant to which the FTX Debtors and FTX Digital Markets will apply a consensual preference policy informed by the settlement announced by the FTX Debtors on October 16, 2023.
• FTX DM will adopt the same know-your-customer procedures implemented by the FTX Debtors in the Chapter 11 cases. KYC will be implemented in a coordinated manner designed to ensure compliance with applicable law in the United States, The Bahamas and all other applicable jurisdictions.
• Eligible FTX.com customers are expected to make the election on their plan ballot or by a separate process in the second quarter of 2024 to determine the jurisdiction in which they elect to have their claims reconciled and paid. The FTX Debtors and FTX Digital Markets currently anticipate that eligible FTX.com customers will be able to make this election either in response to Chapter 11 plan ballots distributed by the FTX Debtors or a separate proof of debt form filed in FTX Digital Markets' liquidation proceeding.
• FTX.com customers will be required to elect to file their claim either against the FTX Debtors or FTX Digital Markets, and shall not be permitted to file the same claim in both proceedings and will release their claims in the proceeding that is not elected. Eligible FTX.com customers that do not make any election will have their claims reconciled and paid in the Chapter 11 cases.

• FTX

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#FTX #SBF_FTX #FTT

FTX Debtors Enter into Settlement Agreement with Samuel Bankman-Fried, Nishad Singh and Gary Wang Solely Related to Acquisition of Embed Financial Technologies

UNDER SETTLEMENT AGREEMENT, FTX DEBTORS WILL RECOVER 100% OF VALUE THAT DEFENDANTS OBTAINED IN CONNECTION WITH EMBED ACQUISITION

SETTLEMENT DEAL TO NOT AFFECT CLAIMS FTX DEBTORS HAVE AGAINST DEFENDANTS OTHER THAN CLAIMS GIVEN IN SETTLEMENT DEAL FOR EMBED AVOIDANCE ACTION

ALAMEDA RESEARCH, WEST REALM SHIRES, WEST REALM SHIRES SERVICES ENTER SETTLEMENT DEAL WITH SAMUEL BANKMAN-FRIED, NISHAD SINGH, GARY WANG

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#FTX #FTT

On January 24, 2024, the Debtors filed an amended bar date notice extending the customer bar date for certain customers to February 26, 2024 at 4:00 p.m. ET.

This extension only applies to those customers who were impacted by specific technical issues when filing their claim, as described on the first page of the notice.

• FTX

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#FTT #FTX

FTX EXPECTS TO PAY CRYPTO CUSTOMERS IN FULL IN BANKRUPTCY LIQUIDATION

FTX EXCHANGE WON'T BE RESTARTED, BANKRUPTCY LAWYER SAYS

FTX HAS ABANDONED EFFORTS TO RE-START ITS CRYPTO EXCHANGE AFTER NO BUYERS EMERGED

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