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Mysterious Email From FTX
Last Updated: November 14, 2024
✓ Fact Checked
MYSTERIOUS EMAIL
Over the last day, the price of Bitcoin hit $29,000 for a fleeting moment.Also, FTX users have received letters allegedly from real FTX representatives. These letters include info that the court will soon set a deadline for filing refund requests, after which users will be sent further instructions.
Interestingly, even members of the Bitdegree team have received such an email, which reads:"YOU ARE RECEIVING THIS EMAIL BECAUSE YOU HAVE BEEN IDENTIFIED AS A CUSTOMER WITH A NET POSITIVE ACCOUNT BALANCE AS OF NOVEMBER 11, 2022 OF ONE OR MORE OF THE DEBTORS IN THE CHAPTER 11 CASES OF FTX TRADING LTD."
The email reveals that the exchange and its affiliates filed a list of assets and liabilities on March 14 and 15. Following this, the court can now set a deadline for filing refunds. It also includes the client's unique code and balance sheet balance attached...Ever wonder what a "NET POSITIVE ACCOUNT BALANCE" looks like?Here's an example, haha.
The email supposedly includes a link to detailed information about the progress of the case, including the "Schedules & SOFA" article.Caution is advised as FTX has not confirmed the mailing, and some users have not received the letter at all, while others have reported receiving suspicious scam versions.
At the same time, it gives hope that the exchange clients will be compensated.
However, do not be overconfident. The example of Mt.Gox has already shown that payouts can last for years
TL;DR: FTX users have reportedly received letters, indicating that the court may soon set a deadline for refund requests. However, as FTX has not confirmed the mailing, caution is advised before clicking on any links.
WEB3 IS A PRIORITY!
Music industry giant, Warner Music Group, announced that it would be laying off 270 employees. The decision was made in response to the global economic downturn and other factors affecting the industry.However, the company has made it clear:The two most promising departments, Web3 and artificial intelligence (AI) will remain unaffected by the cuts.
Warner Music Group is doubling down on its commitment to the future of music. The legendary label is setting its sights on "new technology initiatives" and empowering artists with new skills to develop, according to insiders.This includes prioritizing their Web3 projects and exploring future integrations with AI.
Warner Music Group's recent partnerships with Polygon and The Sandbox metaverse prove that they are serious about embracing the potential of blockchain-based streaming and immersive virtual experiences.With these developments, it's clear that web3 music is here to stay.
TL;DR: Warner Music Group lays off 270 employees but spares Web3 and AI departments, focusing instead on technology and artist empowerment for the future
THURSDAY QUIZ
Welcome to our weekly Thursday Quiz - the perfect way to exercise your brain and have some fun at the same time!Today, we're challenging you to spot triangles in the image below.
SELECTED MEME OF THE DAY
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