Newton Wolfe (@newtoncoder) 's Twitter Profile
Newton Wolfe

@newtoncoder

had to join after Elon takeover

ID: 1587842359122853888

calendar_today02-11-2022 16:22:05

525 Tweet

44 Followers

149 Following

๐˜ฝ๐™–๐™ก๐™™๐™ง (@raptorj69) 's Twitter Profile Photo

FTX DM Bahamas joint provision liquidator sent a notice to some FTX customers. Before May 15, creditors can register a claim through the PWC portal available here: digitalmarketsclaim.pwc.com/p/LinkClaimRegโ€ฆ

FTX DM Bahamas joint provision liquidator sent a notice to some FTX customers.

Before May 15, creditors can register a claim through the PWC portal available here:

digitalmarketsclaim.pwc.com/p/LinkClaimRegโ€ฆ
Sunil (FTX Creditor Champion) (@sunil_trades) 's Twitter Profile Photo

FTX claim in Bahamas Bar date: Currently 15 May 2024 will be extended July 2024: Can โ€˜opt inโ€™ to which claim process - US or Bahamas

FTX claim in Bahamas 

Bar date: Currently 15 May 2024 will be extended

July 2024: Can โ€˜opt inโ€™ to which claim process - US or Bahamas
SellFTXClaim.com (@ftxclaim) 's Twitter Profile Photo

I reviewed the post shared by the claimant and that seems like a direct communication from the Bahamas estate Sharing the below link from the Bahamas site which states that claims can be filed in both, it is afterwards where they must decide which one pwc.com/bs/en/servicesโ€ฆ

<a href="/bkclaims/"></a> I reviewed the post shared by the claimant and that seems like a direct communication from the Bahamas estate

Sharing the below link from the Bahamas site which states that claims can be filed in both, it is afterwards where they must decide which one  pwc.com/bs/en/servicesโ€ฆ
๐˜ฝ๐™–๐™ก๐™™๐™ง (@raptorj69) 's Twitter Profile Photo

Thanks to Official Committee of Unsecured Creditors of FTX: They negotiated an additional 9% interest per year and successfully pushed the debtor to remove the withholding tax for international customers. Now, they must ensure the debtor fulfills their fiduciary duty to recover the $2.1 billion clawback, which

Thanks to <a href="/FTX_Committee/">Official Committee of Unsecured Creditors of FTX</a>:

They negotiated an additional 9% interest per year and successfully pushed the debtor to remove the withholding tax for international customers.

Now, they must ensure the debtor fulfills their fiduciary duty to recover the $2.1 billion clawback, which
๐˜ฝ๐™–๐™ก๐™™๐™ง (@raptorj69) 's Twitter Profile Photo

FTX Convenience Class can expect payment no later than 60 days after the Effective Date. Effective Date can be few days after confirmation hearing on October 7. That put payments around December 9 for convenience Class.

FTX Convenience Class can expect payment no later than 60 days after the Effective Date.

Effective Date can be few days after confirmation hearing on October 7.

That put payments around December 9 for convenience Class.
๐˜ฝ๐™–๐™ก๐™™๐™ง (@raptorj69) 's Twitter Profile Photo

FTX awaits for the CySec regulator to let them reactivate user accounts and resume withdrawals. Customers will get distribution but at 100% value at bankruptcy date ( Nov 11 2022 )

FTX awaits for the CySec regulator to let them reactivate user accounts and resume withdrawals.

Customers will get distribution but at 100% value at bankruptcy date ( Nov 11 2022 )
Newton Wolfe (@newtoncoder) 's Twitter Profile Photo

I have no issues with immigrants who are hard working decent people who arrive legally and respect the laws of the land... It's these shariah benefits dependent folk who rape our children and disrespect our culture that I have an issue with. GO BACK TO YOUR SAND PITS.

Sunil (FTX Creditor Champion) (@sunil_trades) 's Twitter Profile Photo

FTX Claim Distribution: 30th May 25 The claims portal shows distribution for 30th May Claims > $50k 72.5%: Distribution on 30th May 0%: Post petition interest Future dates 27.5%: claim value Post petition interest will be paid on further distribution dates *Some are

FTX Claim Distribution: 30th May 25 

The claims portal shows distribution for 30th May

Claims &gt; $50k
72.5%: Distribution on 30th May
0%: Post petition interest

Future dates 
27.5%: claim value 
Post petition interest will be paid on further distribution dates

*Some are
Newton Wolfe (@newtoncoder) 's Twitter Profile Photo

๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ

Sunil (FTX Creditor Champion) (@sunil_trades) 's Twitter Profile Photo

FTX will pay $1.6bn on 30th Sept to Claims >$50k 6%: (78% Total so far) US Claims 40% (95% Total so far) Claims <$50k 120% This is in addition to the $1.9bn from the disputed reserve

Sunil (FTX Creditor Champion) (@sunil_trades) 's Twitter Profile Photo

Distributions 3rd Jan: Record date 18th Feb: $454m claims <$50k 11th Apr: Record date 30th May: $5bn Claims <$50k ($750m) , Claims >$50k 15th Aug: Record date 30th Sept: $1.6bn Claims > $50k, Claims <$50k Record date ~ 6 wks before distribution Next distribution FTX need

Sunil (FTX Creditor Champion) (@sunil_trades) 's Twitter Profile Photo

Estimated FTX Distribution: 31st Mar Total reconciled: $9.6bn Claims < $50k: $780m (Paid 120.5%) Claims >$50k: $7.8bn (Paid 78.2%) Non-customer: $1bn (Paid 85%) Disputed reserve reduced by $2.2bn Assume $2bn paid out Claims> $50k may get ~$1.7bn - 21.8% to get to 100%

Sunil (FTX Creditor Champion) (@sunil_trades) 's Twitter Profile Photo

FTX Claims Distribution: 31st Mar 26 Claims >$50k 18%: claim value will be distributed on 31st Mar 26 72.5%: Paid on 30th May 5.7%: Paid on 30th Sept Total = 96.2% of claim value (petition date)