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collectedparts | 2 years ago

If you're talking about FTX US, and your son instructed them to sell coins, if the trade was executed he may have been credited to his USD balance. If so, these funds would be validly held in his name by Evolve Bank & Trust.

You should review: https://www.getevolved.com/important-information/

> What should FTX customers know about their accounts?

> Evolve understands there is confusion about the status of these accounts. Please know your funds are safe and secure. By law, Evolve is holding onto these balances until the court overseeing the FTX bankruptcy allows us to release these funds.

> Evolve will work with each individual accountholder to ensure accuracy and timely return of the account balances. We urge FTX customers to contact us at support-ftx@getevolved.com for more information.

Evolve is a real bank (outlasted SVB/Silvergate/Signature/[Credit Suisse?]). I'd have to imagine their support is still overloaded, but worth an email nonetheless.

Even if so, I'd caution not to get hopes up too high, because I could imagine some sort of clawback occurring for trades that executed just before trading stopped.

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