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1/4 The Fall of FTX in Autumn 2022: A Story That Shook the Crypto World

When giants fall, the world stands still. The collapse of FTX became one of the most infamous events in cryptocurrency history. It wasn’t just a bankruptcy - it was a hard lesson that forever changed the way we think about investing, trust, and asset management. Let’s dive into what happened and why it matters to everyone involved in crypto.

FTX was at the top of the world: billions in assets, a reputation as one of the most trusted exchanges, and the backing of influential investors and celebrities. But behind the shiny facade lay chaos:

The leadership misused customer funds for high-risk ventures.
When the truth came out, users began withdrawing their assets en masse, and the exchange couldn’t handle the liquidity crunch.
The result? FTX declared bankruptcy, leaving millions of users stranded - including myself.

3/4 ❄️ Winter 2025: FTX Begins Compensating Users
After months of waiting and legal proceedings, there’s finally some good news: FTX is starting the process of compensating affected users. If you held assets on the exchange during its bankruptcy, you now have the opportunity to recover your funds.

How to Submit a Claim?
Register on the official platform:
Visit the official FTX Claims website and create an account if you haven’t already.

Prepare the required documents:

Your FTX account details (email and account ID).
Proof of your account balance (screenshots or account statements).
Personal identification details.
Fill out the claim form:
Follow the step-by-step instructions on the website to submit all the necessary information.

Submit your claim and wait:
Once your claim is verified, the funds will be transferred to your specified wallet or bank account.

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