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News Explorer — FTX Claims Are Being Traded for 35% of Debt Value

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Sep 22, 12:10 pm
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FTX Claims Are Being Traded for 35% of Debt Value

Investors are actively trading FTX debts in an unregulated market for bankruptcy claims, with debts trading at around 35% of their original value. Claims can represent various types of obligations owed by the exchange. The secondary market for claims has seen a surge in demand, likely due to progress made by the FTX restructuring team and ongoing court proceedings involving the founder. Claim buyers are expecting a 100% return on their investments in five years.

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