Some creditors of bankrupt cryptocurrency company FTX are receiving payments of up to 65 cents on the dollar.
FTX creditors’ claims were trading over-the-counter (OTC) for 50 cents at the end of last month.
In the intervening period, there was a 30% increase and some creditors began to be offered offers in the range of 60-65 cents.
Thomas Braziel, one of the partners of 117 Partners, said that over time can gain even more value he thinks.
According to Braziel’s statements, creditors only a small part it is receiving bids as high as 65 cents on the dollar. These are from the company millions of dollars It consists of the parties who will receive the debt.
Customers who have money remaining in FTX will get their money back The idea gained strength after the investment news about the artificial intelligence company called Anthropic, in which FTX had a share in the past. Creditors think FTX can pay them by selling its stake in the company.