TechFlow news — According to Bloomberg's analysis of court records, investors including Silver Point Capital, Diameter Capital Partners, and Attestor Capital have purchased more than $250 million worth of FTX debt since the beginning of this year.
Court filings show that in a recent transaction, Hudson Bay Capital Management bought $23 million in claims from a distributor and shortly afterward sold about half of them to Diameter.
Data from debt broker Claims Market shows that in recent weeks, quotes for certain lower-ranked FTX claims have risen to around 35 cents on the dollar, up from 12 cents at the start of the year.
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