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Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan. The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He bought the Miss Universe brand of beauty pageants in 1996, and sold it in 2015. He produced and hosted The Apprentice, a reality television series, from 2003 to 2015. As of 2020, Forbes estimated his net worth to be $2.1 billion.[
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‘It’s all gone’: FTX bankruptcy has retail traders bracing for losses

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For a little while, it appeared some of FTX’s American customers might escape the worst-case scenario confronting the beleaguered crypto platform.FTX US, a separate entity from Sam Bankman-Fried’s FTX.com, tweeted on Thursday (Nov 10) that it was still operational and withdrawals were being processed as normal, even as the rest of the company came crashing down.

But after Bankman-Fried’s empire filed for Chapter 11 on Friday, FTX US customers were ensnared in a swift financial collapse that has rattled the broader industry, shocked investors and left retail traders facing a long slog to get any of their money back.Investors with crypto on the FTX platform — who numbered more than 5 million worldwide at the peak — will be closely watching the bankruptcy proceedings for any hope they might be refunded.

However, many are resigning themselves to the fact that their holdings may be gone forever. “The company and Sam Bankman-Fried seemed trustworthy,” said Justin Zhang, a 34-year-old engineer in Los Angeles. “I thought FTX US was different because of all the regulations put in place, but it’s not.”While the FTX app said his withdrawal has been processed, Zhang said his bank told him they had not received the notification or the funds.

He fears all his assets in FTX US, which include Bitcoin, Ether and Golden Warrior NFTs worth US$11,000, may be lost for good.

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