Expected payout ratio for FTX claims rises to 80%
By:Cointime
Before the evaluation hearing on January 25th, the claim price of the cryptocurrency exchange FTX had risen, and creditors expected the ruling to support their demand for repayment in cryptocurrency spot. According to investment bank Cherokee Acquisition, which specializes in bankruptcy claims and provides liquidity for FTX creditors, FTX claim now trades at nearly 80 cents per dollar.
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