FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar

[sirty143]

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.

[Zed0X]

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.