Quote from: finaleshot2016 on June 15, 2025, 04:37:04 PM

@OP congrats bro, secure your funds on a different wallet or exchange now!

Quote from: Lucius on June 14, 2025, 12:14:32 PM

You've been a member of this forum since 2017 and should have learned the difference between an exchange and a non-custodial wallet a long time ago.

For sure he knows that, if his money is diversified then it's reasonable that there are allocated money in some CEX, the only problem here is the CEX, FTX is a good exchange back then, yes but at that time there are many good CEX exists that qualify the most in terms of accountability. Also, it's for the convenience especially if you want quick trades and always do P2P transactions in your country, and some of the CEX are insured, it's like storing money in the bank already. I get it, it's more secured for a non-custodial wallet but can't deny the fact there's accountability to CEX too that makes you feel secure to put some money in. The current era of digital is being developed, a lot of people storing money to digital banks nowadays and people find it secure as long as the bank have a good reputation, same with exchanges. Also, maybe he's trading and using the platform for the leverage or for staking, no one knows better ask him than questioning his knowledge.

FTX was never a good exchange, that is where your wrong ideas lie. If many prominent people are writing online that a CEX is good and secure, does that make it so? No. FTX was an overhyped, dangerous project run by 2 incompetent loonies. All you had to do was take a good look at the kid's picture to know that he should not be running anything that deals with money. Instead of looking into his picture and using their heads, people were reading positive reviews from others based on their reputation.

Quote from: Alpha Marine on Today at 02:49:18 PM

Happy for you. I didn't believe ordinary people would actually get refunded what they lost.
I just got a question out of curiosity. The money you had was it in bitcoin, and if it was, did they give you back the actual amount it was, or did they give you what it would be worth at the time they refunded?

I already asked about this in another way. They got a good deal on the dollar amount, but they still lost in crypto amounts. Of course they didn't get the full amount back.