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Author Topic: FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar  (Read 95 times)

Offline sirty143

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FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
« on: March 28, 2024, 12:20:25 PM »
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar

Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly appreciated... See more for yourself here.

Your opinion is greatly appreciated.
« Last Edit: March 28, 2024, 12:31:01 PM by sirty143 »
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FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
« on: March 28, 2024, 12:20:25 PM »

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Offline Zed0X

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Re: FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
« Reply #1 on: March 28, 2024, 01:04:50 PM »
Although still at a loss, this is good for the remaining creditors who wish to get their money now. What caused the increase in value? I wonder if there's a positive news about the liquidation of the company assets or if someone is keen to buy the whole company. The last time I read, all the attempts on the acquisition collapsed.
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