Topic: FTX Exchange might be brought back online - Would you use it again? (Read 511 times)
November 22, 2023, 05:23:32 AM
I will never use this scam if they restart it.
November 18, 2023, 10:15:59 PM
@target. My theory is yes, he might be manipulating the the people running FTX and Alameda Research, however, I speculate that he might also be the first whistleblower who went to tell the government about FTX, Sam the vegetarian and sweet Caroline hehehe.
Sam Tabasco might have also known already where FTX and Alameda was about to go and he might have thought that he should get out first bringing money for retirement and a yacht to travel.
Sam Tabasco might have also known already where FTX and Alameda was about to go and he might have thought that he should get out first bringing money for retirement and a yacht to travel.
November 18, 2023, 01:28:27 PM
It appears this rumor is becoming true hehehe, this only occurs in the cryptospace. An exchange created to scam from the beginning, restored and restructured to accept new customers but with a bad reputation. If this becomes a success, there might be something wrong with us.
No, this cannot be allowed to happen.
How can people ever possibly trust a crypto exchange again after it went bankrupt and went to hell? Also, how will the investors and celebrity advertisers ever trust FTX after the reputation damaged it caused all of them?
The only people who will use FTX after this, are fools waiting to be parted with their money again.
Quote
Also, as a reminder, Sam Tabasco is somewhere on his yacht, sailing around the world and enjoying his luxurious life using your money.
Sam Trabucco you mean?
Bankruptcy is okay. However, if an exchange was already a scam from the beginning that hurt many small investors, it should not be allowed to continue.
Also yes, Sam Tabasco.
Among the team member its just him that got away. He was known a gambler they say. And it seem like its only him that is the Neurotypical in the group.
I have the theory that is just him manipulating those idiots to do something for him. When it felt like everything will fall apart, months before it happen Tabasco fled. Nice job Sam.
November 15, 2023, 12:12:37 PM
Because the FTX tokens are still trading, maybe there really is a chance of it coming back.
Trust in this exchange though will be harder to restore even if they will have a new CEO. And there are exchanges that have no history of scamming. For this reason alone, they are on the losing side of the competition if they have to put it back live.
November 14, 2023, 08:49:24 PM
It appears this rumor is becoming true hehehe, this only occurs in the cryptospace. An exchange created to scam from the beginning, restored and restructured to accept new customers but with a bad reputation. If this becomes a success, there might be something wrong with us.
No, this cannot be allowed to happen.
How can people ever possibly trust a crypto exchange again after it went bankrupt and went to hell? Also, how will the investors and celebrity advertisers ever trust FTX after the reputation damaged it caused all of them?
The only people who will use FTX after this, are fools waiting to be parted with their money again.
Quote
Also, as a reminder, Sam Tabasco is somewhere on his yacht, sailing around the world and enjoying his luxurious life using your money.
Sam Trabucco you mean?
Bankruptcy is okay. However, if an exchange was already a scam from the beginning that hurt many small investors, it should not be allowed to continue.
Also yes, Sam Tabasco.
November 14, 2023, 03:36:12 PM
Because the FTX tokens are still trading, maybe there really is a chance of it coming back.
FTX is most likely coming back. The only thing that remains to be seen is who will actually relaunch it as there are several interested parties and some of them are very high profile ones like for example ex president of NYSE. Source https://www.msn.com/en-us/money/companies/former-nyse-president-in-talks-to-reboot-ftx-exchange/ar-AA1jB2fy?ocid=finance-verthp-feeds
For this reason alone, they are on the losing side of the competition if they have to put it back live.
Well, people that want to restart it think that its easier to relaunch failed exchange that starting from scratch. Keep in mind that by the time FTX relaunches people who got their money stuck there will probably get large portion of their money back and add on that agressive marketing campaign, people's tendency to orget about bad things and in a few years FTX might be again one of the most popular crypto exchanges. That's just how things work in crypto. November 14, 2023, 01:33:00 PM
Because the FTX tokens are still trading, maybe there really is a chance of it coming back.
Trust in this exchange though will be harder to restore even if they will have a new CEO. And there are exchanges that have no history of scamming. For this reason alone, they are on the losing side of the competition if they have to put it back live.
November 14, 2023, 01:13:37 PM
How can people ever possibly trust a crypto exchange again after it went bankrupt and went to hell? Also, how will the investors and celebrity advertisers ever trust FTX after the reputation damaged it caused all of them?
New people at the helm of FTX will probably push the narrative that FTX was a good exchange ruined by mismanagement and since person responsible is in jail and has nothing to do with FTX anymore they can now turn the new leaf and continue with business like previous scam never happened. How can people ever possibly trust a crypto exchange again after it went bankrupt and went to hell? Also, how will the investors and celebrity advertisers ever trust FTX after the reputation damaged it caused all of them?
Low trading and withdrawal fees is all that is needed to get traders back. Regarding celebrity advertisers, they won't give a fuck as long as they are paid. There's a reason that they went for Chapter 11 bankruptcy, which allows them to reorganise the business as that's what their idea from the beginning.
November 14, 2023, 12:09:09 PM
It appears this rumor is becoming true hehehe, this only occurs in the cryptospace. An exchange created to scam from the beginning, restored and restructured to accept new customers but with a bad reputation. If this becomes a success, there might be something wrong with us.
Also, as a reminder, Sam Tabasco is somewhere on his yacht, sailing around the world and enjoying his luxurious life using your money.
I haven't been religiously following the legal proceedings regarding the FTX drama, but I think at some point they asked their customers for proof of assets so that they can plan about making refunds. As far as I know, it isn't FTX handling this whole procedure.Also, as a reminder, Sam Tabasco is somewhere on his yacht, sailing around the world and enjoying his luxurious life using your money.
What happens if FTX comes back online?
Does every customer who had their funds locked up in the exchange have their default balances show up once the service is restored, or it will be for only those who "verified"?
November 14, 2023, 06:20:59 AM
FTX was the third largest crypto exchange by volume before it goes bankruptcy. Many persons funds were trapped in the exchange, lives and business were wrecked apart. This is just one of many persons affected.
Having seen what really happened, how SBF squandered investors funds and donated some of it to politicians, anyone with a brain would think twice before using such exchange. IMO, I think It's persons that are new to the space and have no idea what happened that will use the exchange.
Having seen what really happened, how SBF squandered investors funds and donated some of it to politicians, anyone with a brain would think twice before using such exchange. IMO, I think It's persons that are new to the space and have no idea what happened that will use the exchange.
November 14, 2023, 01:37:53 AM
It appears this rumor is becoming true hehehe, this only occurs in the cryptospace. An exchange created to scam from the beginning, restored and restructured to accept new customers but with a bad reputation. If this becomes a success, there might be something wrong with us.
No, this cannot be allowed to happen.
How can people ever possibly trust a crypto exchange again after it went bankrupt and went to hell? Also, how will the investors and celebrity advertisers ever trust FTX after the reputation damaged it caused all of them?
The only people who will use FTX after this, are fools waiting to be parted with their money again.
Quote
Also, as a reminder, Sam Tabasco is somewhere on his yacht, sailing around the world and enjoying his luxurious life using your money.
Sam Trabucco you mean?
November 13, 2023, 09:15:13 PM
It appears this rumor is becoming true hehehe, this only occurs in the cryptospace. An exchange created to scam from the beginning, restored and restructured to accept new customers but with a bad reputation. If this becomes a success, there might be something wrong with us.
Also, as a reminder, Sam Tabasco is somewhere on his yacht, sailing around the world and enjoying his luxurious life using your money.
Also, as a reminder, Sam Tabasco is somewhere on his yacht, sailing around the world and enjoying his luxurious life using your money.
June 11, 2023, 01:39:44 AM
Well I will not trust FTX 2.0 when it does launch later on in the year. I still do think there is too many other ways for us to get our crypto instead of from a exchange that got into a lot of trouble. It is same reason I would not trust Mt Gox 2.0
But the new FTX 2.0 is going to protect its past customers. It was given permission to remove customers from court fillings to protect them from scammers. But I still think they are going to invest lots of funds in making a good image like it did before.
https://cointelegraph.com/news/ftx-permission-permanently-redact-customer-names
But the new FTX 2.0 is going to protect its past customers. It was given permission to remove customers from court fillings to protect them from scammers. But I still think they are going to invest lots of funds in making a good image like it did before.
https://cointelegraph.com/news/ftx-permission-permanently-redact-customer-names
May 29, 2023, 02:46:28 AM
So if this plan to launch back again will happen for sure they will receive a heavy criticism since their case is so solid and I don't really think that there are still traders will trust them since they commit serious crime and many doesn't want to experience to lose their money again for second time around on a scam platform.
Sure, there would be an outrage if FTX decided to come back, but you are very wrong if you think that they woulnd't have any customers willing to send them money again. What you have to understand is that an average crypto :investor" has a memory of a goldfish, meaning he soon forgets eveyrthing bad that has happened in the past and continues with bad practices. Add on that the constant influx of new people that have no idea who/what FTX was and that's how you could get FTX 2.0.
May 29, 2023, 12:28:36 AM
Well it now seems there are plans for a new version of FTX 2.0. I do not think this will be a good idea for the exchange. There is so much bad things about it I do not think we can ever trust them again.
But the court filings shows they have plans for 2.0. I did never use it before and will not use it even if new launch has some perks with it. https://coinscreed.com/court-filing-shows-ftx-2-0-reboot-plan-in-progress.html
But the court filings shows they have plans for 2.0. I did never use it before and will not use it even if new launch has some perks with it. https://coinscreed.com/court-filing-shows-ftx-2-0-reboot-plan-in-progress.html
They think its good idea for them but for their victims its not really is. So if this plan to launch back again will happen for sure they will receive a heavy criticism since their case is so solid and I don't really think that there are still traders will trust them since they commit serious crime and many doesn't want to experience to lose their money again for second time around on a scam platform. Better to use other exchange rather than recycling a rigged platform.
Yes you are right about this. We have too many other choices no need to be the next victim from them.
May 24, 2023, 05:37:45 AM
Well it now seems there are plans for a new version of FTX 2.0. I do not think this will be a good idea for the exchange. There is so much bad things about it I do not think we can ever trust them again.
But the court filings shows they have plans for 2.0. I did never use it before and will not use it even if new launch has some perks with it. https://coinscreed.com/court-filing-shows-ftx-2-0-reboot-plan-in-progress.html
But the court filings shows they have plans for 2.0. I did never use it before and will not use it even if new launch has some perks with it. https://coinscreed.com/court-filing-shows-ftx-2-0-reboot-plan-in-progress.html
They think its good idea for them but for their victims its not really is. So if this plan to launch back again will happen for sure they will receive a heavy criticism since their case is so solid and I don't really think that there are still traders will trust them since they commit serious crime and many doesn't want to experience to lose their money again for second time around on a scam platform. Better to use other exchange rather than recycling a rigged platform.
May 24, 2023, 01:07:12 AM
Well it now seems there are plans for a new version of FTX 2.0. I do not think this will be a good idea for the exchange. There is so much bad things about it I do not think we can ever trust them again.
But the court filings shows they have plans for 2.0. I did never use it before and will not use it even if new launch has some perks with it. https://coinscreed.com/court-filing-shows-ftx-2-0-reboot-plan-in-progress.html
But the court filings shows they have plans for 2.0. I did never use it before and will not use it even if new launch has some perks with it. https://coinscreed.com/court-filing-shows-ftx-2-0-reboot-plan-in-progress.html
February 08, 2023, 02:14:52 PM
-snip- I'm still waiting for them because I have some of my satoshis locked there, and if I can withdraw my assets then I won't use FTX anymore because they already have a bad reputation and the possibility of collapsing for the second time is very big. -snip-
I think that's how most people will do it. They just want their coins back and once they have them they won't use FTX anymore. FTX's reputation is just shattered and I can't think of a way to get FTX's customer trust back. The days of FTX are simply over and that's just as well. 
February 07, 2023, 08:31:40 PM
Let's stop spreading FUD (Fear, Uncertainty, and Doubt) in the crypto world and start trading the FUD Token (FTX Users' Debt). It is a symbol of positivity in the crypto world, it represents a commitment to transparency and trust in the market.
The listing of FUD Token on reputable exchanges like @HuobiGlobal is a clear indication that the crypto industry is moving in a positive direction. The demand for #FUD Token is a sign of confidence in the market, and a vote of support for a positive attitude towards crypto.
Source https://mobile.twitter.com/justinsuntron/status/1622102113756286976
This FTX debt token seems like a disaster in the making. It was meant to have a fair value under $5 (20M token for $100M debt), but speculative traders have driven the price to an unrealistic level, reaching $113 high yesterday and currently trading at $64 on Huobi.The listing of FUD Token on reputable exchanges like @HuobiGlobal is a clear indication that the crypto industry is moving in a positive direction. The demand for #FUD Token is a sign of confidence in the market, and a vote of support for a positive attitude towards crypto.
Source https://mobile.twitter.com/justinsuntron/status/1622102113756286976
Would advise anyone to stay away from this shitshow.
Agreed. Another pump and dump scheme from one of our favorite hustlers in the cryptospace, Justin Sun. I speculate that he needs a new Lamborgini hehehe.
He is the owner of exchanges Huobi and Poloniex but he promotes a clear scam. This is an example and this shows that the cryptospace is run by comedians, hustlers and scammers.
February 07, 2023, 07:03:25 PM
does this mean that regardless of weather or not ftx comes back online customers will get the majority of their funds back?
That’s the part that I am puzzled because if it goes online then obviously everybody will withdraw everything. So who knows how it will work.Maybe bring it online but with a haircut or for only new deposits? I don’t know. I am very surprised they even suggested this.
until now there is still no clarity about when FTX will return online (despite rumors about the billions of dollars in loans they received). I'm still waiting for them because I have some of my satoshis locked there, and if I can withdraw my assets then I won't use FTX anymore because they already have a bad reputation and the possibility of collapsing for the second time is very big.
but the big question here is that - would ftx allow their former user to just withdraw their coins?
I also think so, surely all old users who have assets in FTX will massively pull their tapes out of FTX but how do they handle it, I'm sure it's not easy for consumers to withdraw their funds after FTX is online!
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