the crypto' s nightmare!
Crypto Customers Sell Claims at a Loss to Avoid Bankruptcy Wait
Hundreds of FTX, Voyager and Celsius customers are parting with their accounts, selling for pennies on the dollar to deep-pocketed investment firms
 
Some customers with accounts stuck in failed cryptocurrency companies are choosing to take a big loss on their investments now to avoid dealing with uncertainties in drawn-out bankruptcies.
At least hundreds of customers burned by the collapses of FTX, Celsius Network LLC and  Voyager Digital  Ltd.  are seeking to sell their cryptocurrency claims at deep discounts so they don&rsquo t have to wait months or even years to see what they might recover as the platforms move through chapter 11.
At least hundreds of customers burned by the collapses of FTX, Celsius Network LLC and  Voyager Digital  Ltd.  are seeking to sell their cryptocurrency claims at deep discounts so they don&rsquo t have to wait months or even years to see what they might recover as the platforms move through chapter 11.
Customers and other  creditors holding roughly $1 billion in FTX claims and about $100 million in Celsius claims have expressed interest in selling them through an online market run by Cherokee Acquisition, a bankruptcy claims broker and buyer, the firm said.
Nearly 500 users of FTX, Celsius and Voyager have posted claims valued at roughly $126 million for sale on Xclaim Inc.,  a bankruptcy claims trading startup that recently changed its business to focus on providing a platform to buy and sell crypto claims. Xclaim has so far listed roughly $91.7 million in FTX customer claims, the company said.
Nearly 500 users of FTX, Celsius and Voyager have posted claims valued at roughly $126 million for sale on Xclaim Inc.,  a bankruptcy claims trading startup that recently changed its business to focus on providing a platform to buy and sell crypto claims. Xclaim has so far listed roughly $91.7 million in FTX customer claims, the company said.
chartistkao1 ( Date: 29-Dec-2022 11:15) Posted:
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昨 日 17:11 港 股 直 擊 重 要 通 告
趙 蓉 任 中 行 業 務 管 理 總 監 獲 核 准
中 國 銀 行 (03988)公 布 , 已 收 到 銀 保 監 會 核 准 趙 蓉 任 職 資 格 的 批 覆 , 由 今 年 12月 26日 起 , 她 就 任 該 行 業 務 管 理 總 監 。
趙 蓉 於 1998年 加 入 中 行 , 此 前 曾 先 後 擔 任 該 行 辦 公 室 副 主 任 、 個 人 金 融 部 營 銷 總 監 、 個 人 金 融 總 部 副 總 經 理 (財 富 管 理 )。
趙 蓉 於 1998年 加 入 中 行 , 此 前 曾 先 後 擔 任 該 行 辦 公 室 副 主 任 、 個 人 金 融 部 營 銷 總 監 、 個 人 金 融 總 部 副 總 經 理 (財 富 管 理 )。
 
 
 
 
 
 
 
 
https://www2.hkej.com/instantnews/china/article/3334742/%E8%8A%B1%E6%97%97%3A%E4%B8%AD%E5%9C%8B%E5%8A%A0%E5%BF%AB%E9%87%8D%E9%96%8B%E6%9C%89%E5%88%A9%E5%85%A7%E9%8A%80
 
chartistkao1 ( Date: 28-Dec-2022 17:03) Posted:
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https://www.straitstimes.com/business/singapore-was-second-biggest-user-of-ftx-pre-collapse-averaging-240000-unique-visitors-a-month
 
https://www.youtube.com/watch?v=kSeevdvySHg
chartistkao1 ( Date: 28-Dec-2022 16:58) Posted:
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https://www.investing.com/indices/us-30-futures?cid=1175152
 
https://www.youtube.com/watch?v=Qo8aSx-WuVk
 
https://www.channelnewsasia.com/singapore/ftx-collapse-singapore-financial-system-economy-very-limited-spillovers-lawrence-wong-mas-3111301
chartistkao1 ( Date: 28-Dec-2022 16:55) Posted:
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https://www.investing.com/currencies/usd-sgd-chart
 
https://www.youtube.com/watch?v=vi0DwtOGsBA
chartistkao1 ( Date: 28-Dec-2022 16:51) Posted:
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https://www.youtube.com/watch?v=CvRyFLrbhR0
chartistkao1 ( Date: 28-Dec-2022 16:21) Posted:
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https://www.china-briefing.com/news/the-us-china-trade-war-a-timeline/
 
https://www.youtube.com/watch?v=7j1AUrBqsYc
chartistkao1 ( Date: 28-Dec-2022 16:18) Posted:
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https://thediplomat.com/2021/07/why-us-china-rivalry-might-be-good-for-singapores-semiconductor-industry/
 
https://www.youtube.com/watch?v=uKOvSBogbcY
chartistkao1 ( Date: 28-Dec-2022 16:14) Posted:
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http://sg.china-embassy.gov.cn/eng/sgsd/201906/t20190607_1715348.htm
 
https://www.youtube.com/watch?v=EIflkJHzhq0
 
 
after three years of covid 19 lock down from feb 2020
chartistkao1 ( Date: 28-Dec-2022 16:09) Posted:
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https://atradius.sg/Trade_war_doesnt_spoil_the_party
 
https://www.youtube.com/watch?v=A271i012mMQ
chartistkao1 ( Date: 28-Dec-2022 16:06) Posted:
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money or democracy?
https://www.cfr.org/article/how-much-aid-has-us-sent-ukraine-here-are-six-charts
 
https://www.youtube.com/watch?v=4pekqgfJU0s
chartistkao1 ( Date: 28-Dec-2022 16:03) Posted:
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us stock market rally?
https://www.youtube.com/watch?v=r-8Vu2ndU3k
https://www.youtube.com/watch?v=r-8Vu2ndU3k
chartistkao1 ( Date: 28-Dec-2022 16:01) Posted:
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https://www.youtube.com/watch?v=_7WGRzDz-AY
 
https://www.cfr.org/backgrounder/singapore-small-asian-heavyweight
 
https://www.investing.com/currencies/usd-sgd-chart
chartistkao1 ( Date: 28-Dec-2022 15:55) Posted:
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https://nus.edu.sg/alumnet/thealumnus/issue-120/perspectives/panorama/when-tradewinds-get-rough
 
https://www.youtube.com/watch?v=0mOGnJV3-WA
chartistkao1 ( Date: 28-Dec-2022 15:52) Posted:
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https://future-moves.com/articles/between-the-eagle-and-the-dragon-singapore-and-the-us-china-trade-war/
 
https://www.youtube.com/watch?v=GGxqi0ZZFok
chartistkao1 ( Date: 28-Dec-2022 15:50) Posted:
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https://e27.co/how-can-singapore-benefit-from-the-us-china-trade-war-20200721/
 
https://www.youtube.com/watch?v=iv8L9C6ILWQ
 
or
https://www.youtube.com/watch?v=bxUdqOS9pNY
 
chartistkao1 ( Date: 28-Dec-2022 15:45) Posted:
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it is liked crpto in this new complicated internation relationship we need a good hedging strategy like our water strategy
chartistkao1 ( Date: 28-Dec-2022 15:43) Posted:
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choosing sgd between usd or cnh is like malaysian chossing between sgd or myr in 2023
https://www.nuspatc.org/post/the-us-china-conflict-singapore-s-dilemma
https://www.nuspatc.org/post/the-us-china-conflict-singapore-s-dilemma
chartistkao1 ( Date: 28-Dec-2022 15:37) Posted:
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Jan 23 2023 another US rate hikes.
chartistkao1 ( Date: 28-Dec-2022 15:37) Posted:
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and more US rate hikes in 2023?
https://cscr.pk/explore/themes/trade-economics/singapore-caught-between-the-us-china-rivalry/
 
https://www.thehindu.com/news/national/pm-modi-has-been-very-firm-on-china-jaishankar/article66184149.ece
chartistkao1 ( Date: 28-Dec-2022 15:32) Posted:
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