A number of over-the-counter (OTC) transactions involving FTX creditor claims are valuing these claims at over 50 cents on the dollar.
According to a report by The Block, the price is a notable increase from earlier, and was revealed by Thomas Braziel, a specialist in FTX debt claims at 117 Partners, following a recent claims auction.
The auction reportedly saw an FTX claim of more than $20 million sold for 52 cents on the dollar….
Read More: FTX Creditor Claims Priced Above $0.50 in Over-the-Counter Transactions