The expected payment ratio for FTX claims has increased to 80%
On January 23rd, according to Cointelegraph, the claim price of FTX, a cryptocurrency exchange, has risen ahead of the evaluation hearing on January 25th. Creditors expect that the ruling will support their demand for repayment in "physical" cryptocurrencies. According to Cherokee Acquisition, an investment bank specializing in bankruptcy claims and providing liquidity for FTX creditors, the current trading price for FTX claims is close to $0.80 per US dollar.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Hyperliquid platform whales currently hold $4.576 billions in positions, with a long-short ratio of 0.93
Tether suspends Bitcoin mining operations in Uruguay due to rising energy costs
Lighter has surpassed Hyperliquid in 24-hour decentralized exchange trading volume.
