TechFlow news, according to Cointelegraph, ahead of the evaluation hearing on January 25, claim prices for the bankrupt cryptocurrency exchange FTX have risen, as creditors expect the ruling to support their demand for repayment in actual cryptocurrency. Based on data from Cherokee Acquisition, FTX claims are now trading at nearly 80 cents per dollar.
In addition, according to data from Cherokee Acquisition and claims markets, over $3 million worth of FTX claims have increased by 80%. In comparison, other insolvent crypto firms such as Alameda Research, Genesis Global, and 3AC Loans have also significantly raised their claim prices by approximately 45%, 67%, and 32% respectively.
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