Earlier this week, FTX released details about its payment plan and acknowledged that the company will have as much as $16.30 billion available to pay by the end of the bankruptcy case later this year. Court documents show the company owes customers and other non-government creditors about $11 billion. FTX said in court documents that it does not expect anything in return for shareholders.
Claims market data from Cherokee Acquisition shows FTX claims prices in excess of 100. In December 2022, just weeks after FTX fell into bankruptcy, many funds began buying customer account claims from the failed exchange at just 3% of face value. Investors who bought these claims (including Diameter, Farallon and Oaktree) should receive hefty payouts, but there are still potential complications ahead.
FTX claims more than 100 cents
2024-05-12 00:36:17
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
FTX索赔价格超过100美分Next article:
两年前囤积ETH的某鲸鱼向币安存入588枚ETH