Breaking Down The FTX Plan w/ Vladimir from Claims Market
In this video, I talk with Vladimir over at Claims Market. He and his team are one of the largest claim buyers in the FTX bankruptcy, and he breaks down the plan, the payouts, and the pros/cons of this plan.
Contact:
➡️ Email: [email protected] (include your 8 digit customer code)
➡️ Claims Market Twitter: / claims_market
➡️ Vlad's Twitter: / vladimirvjel
➡️ Claims-Market: https://claims-market.com/ if you want to sell your FTX claim
Timestamps:
0:00:00 Intro
0:00:21 100% + Interest To Everyone
0:03:28 FTX & Alameda Claim Bid/Ask Increases
0:04:30 Post Petition Interest (PPI) At 9% Is Vulnerable
0:07:03 FTX Weaponized KYC For Creditors
0:08:00 Tax Withholding
0:09:23 When Creditors Will Get Their Money Back
0:10:33 Convenience Class = Immediate 118% Payment But No Government Claim Subordination
0:11:28 Non-Convenience Class Payments
0:12:12 Multiple Distributions Will Happen
0:12:53 Will The Creditor Property Rights Objection Go Through?
0:13:44 Cherokee & Claims-Market
0:14:35 Selling Your Claim (Convenience Class & Larger Claims)
0:15:57 Sunil’s Argument on Property Rights & Co-mingling
0:18:08 Is Giving People Their Bitcoin Back Fair For Everyone Else?
0:22:16 Voting & Confirming The Plan
0:24:09 Stablecoins & Fiat Holders Getting 9% On Their Dollars
0:25:21 The Effective Date Can (and probably will) Be Delayed
My Social Media:
➡️ Twitter: https://aaronbtc.com/twitter
➡️ My Telegram Group: https://t.me/AaronsFriends
➡️ Instagram: https://aaronbtc.com/IG
Disclaimer: Nothing said in this video should be interpreted as legal or financial advice.
#ftx #celsiusnetwork
