{"id":20039,"date":"2024-12-30T19:45:00","date_gmt":"2024-12-30T17:45:00","guid":{"rendered":"https:\/\/forklog.com\/en\/x-bot-accused-of-spreading-misinformation-on-ftx-payouts\/"},"modified":"2024-12-30T19:45:00","modified_gmt":"2024-12-30T17:45:00","slug":"x-bot-accused-of-spreading-misinformation-on-ftx-payouts","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/x-bot-accused-of-spreading-misinformation-on-ftx-payouts\/","title":{"rendered":"X-Bot Accused of Spreading Misinformation on FTX Payouts"},"content":{"rendered":"<p>Sunil Kavuri, a representative of the largest group of FTX creditors, has accused the automated X-account aixbt\u2014a bot disseminating cryptocurrency industry news\u2014of spreading misinformation regarding the distribution of compensation from the bankrupt exchange.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">FTX Repayments<\/p>\n<p>False: Distribution does not start 3rd Jan and $16bn within 60 days<\/p>\n<p>Approx No.<br \/>FTX Cash: $13bn now\/ $14bn Mar<br \/>VC port, lawsuits: $5bn \u2014 $7bn<\/p>\n<p>FTX Disputed claims reserve (50%): $7bn<br \/>\u2014 Not distributed initially <\/p>\n<p>Mar 25: $7bn cash Distributed<br \/>Then disputed\u2026 <a href=\"https:\/\/t.co\/SdICpfkEgG\">pic.twitter.com\/SdICpfkEgG<\/a><\/p>\n<p>\u2014 Sunil (FTX Creditor Champion) (@sunil_trades) <a href=\"https:\/\/twitter.com\/sunil_trades\/status\/1873580706233803241?ref_src=twsrc%5Etfw\">December 30, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He highlighted a post by aixbt, which claimed that FTX was allegedly planning to distribute $16 billion among creditors within 60 days starting January 3.<\/p>\n<p>According to Kavuri, FTX currently holds about $13 billion, with the potential to increase to $14 billion by March 2025. By that time, approximately $7 billion will be distributed. The creditors&#8217; representative believes the entire compensation period could take up to three years.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cNow we even have to correct AI bots,\u201d lamented Kavuri.<\/p>\n<\/blockquote>\n<p>Liquidators will distribute funds with the involvement of exchanges Kraken and BitGo, as well as an unnamed third partner, for whom a spot is reserved on the creditors&#8217; website.<\/p>\n<p>Back in December, former FTX executive Ryan Salame had his prison sentence reduced by one year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sunil Kavuri, a representative of the largest group of FTX creditors, has accused the automated X-account aixbt\u2014a bot disseminating cryptocurrency industry news\u2014of spreading misinformation regarding the distribution of compensation from the bankrupt exchange. FTX Repayments False: Distribution does not start 3rd Jan and $16bn within 60 days Approx No.FTX Cash: $13bn now\/ $14bn MarVC port, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1442,755,465],"class_list":["post-20039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bot","tag-community","tag-social-media"],"aioseo_notices":[],"amp_enabled":true,"views":"55","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20039"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20038"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}