Quote from: Lucius on Today at 04:07:14 PM

Is this just the usual news recycling or have I missed something in the meantime? The last time I read about "recovered assets" it was about $10 billion and it was the beginning of January of this year...

Quote from: Fundamentals Of on April 14, 2023, 03:49:30 AM

What's happening with FTX ever since it declared bankruptcy is all muddled up. Everything looks shady to me. Not only do the authorities seem lenient on Sam Bankman-Fried, there is also an apparent attempt to salvage whatever is left with the exchange. It seems there is an effort to revive it and not so that its users will be made whole again but so that those powerful personalities will recover the large amounts they have lost when the bankruptcy happened.

Considering who Bankman is, and how many companies are connected to FTX, it is in the interest of many to save what can be saved, without the main actors ending up in prison. All these stories about lost/found billions of $ seem really unbelievable, because it seems like it's about children's toys or something similar, and not about serious money and everyone who is harmed because of the dirty games of Bankman and his greedy company.

I remember the incident you're referring to but it looks like it's a different one this time.

https://protos.com/no-ftx-hasnt-recovered-all-funds-and-isnt-restarting-soon/

While this sounds like good news, FTX is yet to recover all of the funds and has a long way ahead if it's planning to restart, and even if that happens, shattered glass can't be glued back together. I personally wouldn't even trust them with my registration. The only positive thing that may come out of this story is that their investors may at least recover a portion of their money, which was considered long gone.