What are the steps to take if I lost money in the FTX collapse?

3 answers

• Oluwatosin OmoluwaNov 28, 2025 · 7 months ago
  I'm sorry to hear about your loss. Losing money in a collapse can be devastating. The first step you should take is to gather all the necessary information about your loss. This includes any transaction records, account statements, and communication with FTX. Once you have all the details, you can consider reaching out to FTX support for assistance. They may be able to provide you with information on the status of your funds and any potential recovery options. It's important to remain patient and persistent during this process.
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• McGee KimApr 07, 2023 · 3 years ago
  Hey there! Losing money in the FTX collapse is a tough situation. The first thing you should do is not panic. Take a deep breath and try to gather as much information as possible about your loss. Look for any communication from FTX regarding the collapse and check if they have provided any instructions or updates. It's also a good idea to reach out to other affected users and join online communities or forums where you can share your experience and learn from others. Remember, you're not alone in this!
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• Dwayne StephanysAug 13, 2025 · a year ago
  I'm an expert from BYDFi, and I understand how frustrating it can be to lose money in a collapse. The steps you should take depend on the specific circumstances of your situation. First, make sure to document all the details of your loss, including any relevant transaction information. Then, consider seeking legal advice to understand your rights and explore any potential legal actions. Additionally, you can try reaching out to FTX support to inquire about the possibility of recovering your funds. However, please note that the outcome may vary and there are no guarantees.
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