UCTaskforce @uc_taskforce
FTX collective Empowering Creditors Unity Decentralizing the recovery Being the voice of the voiceless uc-taskforce.com/blog/ FTX2.0 Joined July 2023-
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➡️Avoiding The FTX "Rug Pull" Independent Examiner ➡️Bankruptcy Corruption & The 125% Claim w/ @LouisOrigny
Mr. Gox creditors won the battle to keep the 10% of #Bitcoin that was left in #BTC early in the case. The court wanted to sell it all for $USD. It took 10 years as new subordinated creditors kept suing the estate when it went past 100% whole. But they all lost. Creatures…
@LouisOrigny @arush The question is also one of claim value. Is a BTC holder entitled to a $16.8k claim or one at Subsequent New Value for how their claims are treated? Plan confirmation would need to finalize a value (likely as a compromise to get to a consensual plan) that would pay $ above…
@FTXRELOADED Until now, the debtors have been marking their own homework, so it's no surprise they fear what an independent examiner might unearth.
🚨 Breaking News! THE DEBTOR AIM TO EMERGE FROM CHAPTER 11 BY MID-YEAR. In a Letter to the Judge Dorsey, The debtor argue that the appointment of an independent examiner will slow down the process.
FOLLOW THIS THREAD
FTX Sold 22 million shares - $900m of Grayscale's Bitcoin ETF FTX held 22.3 million GBTC, valued at $597 million (Oct. 25, 2023) coindesk.com/business/2024/…
Fellow creditors - do not be fooled Our assets do not belong to the estate, so-called “bk law” petition date pricing does not apply Turn up and fight, show the judge we will not sign the zero-benefit IAHG settlement and the plan vote will not pass
Fellow creditors - do not be fooled Our assets do not belong to the estate, so-called “bk law” petition date pricing does not apply Turn up and fight, show the judge we will not sign the zero-benefit IAHG settlement and the plan vote will not pass
The Third Circuit reversed FTX bankruptcy court and ordered appointment of examiner UCC, debtors had filed objections to US Trustee's motion for examiner Bankruptcy Court had denied motion for examiner because deemed Mr. Ray “completely independent” from FTX’s founding members
Great source of knowledge. United we stand!
Great source of knowledge. United we stand!
@sunil_trades and I discuss the dollarization of claims and how we can get more for creditors. Knowledge is power. If you are an FTX creditor please ask questions. The more you know, the less of a CH11 victim you become.
Tried once to get ppl to realise some stuff about the bankruptcy, it wasn’t enough Will be trying again very soon, and this time it will be going to actual war to stop us getting dickslapped so hard by the debtors Any big creditors who want to join in dm me on telegram
Tried once to get ppl to realise some stuff about the bankruptcy, it wasn’t enough Will be trying again very soon, and this time it will be going to actual war to stop us getting dickslapped so hard by the debtors Any big creditors who want to join in dm me on telegram
1/ FTX customers, @FTX_Committee Why we can’t be complacent now? Deeply grateful to: @sunil_trades,@ftxcoalition,@Travis_Kling,@loomdart, @wassielawyer,@PatRabbitte1,@MrPurple_DJ,@uc_taskforce And all the other FTX customers I'm forgetting
1/Arthur Hayes: "FTX is going to become a listed equity on the US stock markets by 2025." "If you are owed money from the BK estate, you'll get a portion of that in cash and a portion in an FTX NewCo." "I think the stock will f'ng pump!"
1/Arthur Hayes: "FTX is going to become a listed equity on the US stock markets by 2025." "If you are owed money from the BK estate, you'll get a portion of that in cash and a portion in an FTX NewCo." "I think the stock will f'ng pump!"
@FTX_Official We need clarification about FTX Digital Markets' emails received by many customers. This is only adding to the confusion and needs to be addressed.
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