Expected payout ratio for FTX claims rises to 80%
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
Stock Futures Rush (phase 9): Trade popular stock futures and share $240,000 in equivalent tokenized shares. Each user can get up to $5000 META.
CandyBomb x POWER: Trade to share 4,387,500 POWER
Trending news
MoreCrypto prices
More
