FTX’s 118% Refund Plan

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/bagel00:00 - Intro02:38 - Recap05:11 - The Payback Plan08:06 - 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/merchDISCLAIMER:This video is sponsored by IncogniThis 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). Learn more about your ad choices. Visit megaphone.fm/adchoices