TechFlow reports that Hong Kong-listed company Xinhuo Technology announced on May 24 that it will sell all of its FTX claim rights for 107.8% of the original claimed amount, totaling $19,500,088.87. According to the announcement, Hbit Limited, a wholly-owned subsidiary of Xinhuo Technology, is the seller, and Ceratosaurus Investors is the buyer. The seller has agreed to transfer, and the buyer has agreed to acquire, all rights, title, and interests of the seller in the FTX claim.
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