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Learning & News => News related to Crypto => Topic started by: sirty143 on March 28, 2024, 12:20:25 PM

Title: FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
Post by: sirty143 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 (https://news.bitcoin.com/ftx-bankruptcy-claims-surge-in-value-bids-now-approach-93-cents-on-the-dollar/).

Your opinion is greatly appreciated.

Title: Re: FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
Post by: Zed0X 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.