FTX’s 118% Refund Plan

Video Description

Take your personal data back with today's sponsor Incogni! Use code BAGEL at the link below and get 60% off an annual plan: http://incogni.com/bagel 00:00 - Intro 02:38 - Recap 05:11 - The Payback Plan 08:06 - Where'd The Money Come From? 11:52 - What Now? On October 7th, a bankruptcy court approved FTX’s plan to pay back customers 118% of their account values as of November 2022. In today’s video, we go over the details of the plan, where this money came from, and what it means for Sam Bankman-Fried. If you'd like to support the channel, you can do so at Patreon.com/ThePlainBagel :) Buy a Plain Bagel Mug: https://www.theplainbagel.com/merch DISCLAIMER: This video is sponsored by Incogni This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).