The $91.7 million in FTX creditor claims listed on the claims trading marketplace Xclaim will likely get around 13 cents on the dollar, according to data released by the site.
This is in contrast to the much higher prices that Voyager, BlockFi, and Celsius are getting, with claims trading at 41 cents, 28.5 cents, and 18.5 cents, respectively.
According to Xclaim’s chief strategy officer, Andrew Glantz, this discount is occurring because there’s less public information available about the claims.
(By Sam Reynolds)
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