Cointime

  • BTC $17273.74 0.25 %
  • ETH $1285.90 0.30 %
  • BCH $112.20 -0.09 %
  • SOL $13.72 0.00 %
  • XRP $0.39 0.05 %
  • BNB $290.20 0.07 %

Here's How Some FTX Account Holders Can Get Their Money Back – But Time Is Running Out

1 min read Original Link

Some FTX account holders can get their investments back, but they will have to act fast, according to Joshua Browder, CEO of DoNotPay, a chatbox that offers legal advice.

The entrepreneur told CoinDesk TV’s “First Mover” program on Friday that users can get the money back if they file a “Schedule E” tax form with their bank, but only if their accounts were funded by an ACH direct deposit or credit card in the past 60 days.

ACH transactions, or Automated Clearing House network, is an electronic bank-to-bank payment method. DoNotPay is offering the exchange’s account holders a way to get back their funds free of charge in part because it received an investment from FTX several months ago.

# FTX

All Comments