Claims Market: Secondary prices for FTX claims have risen to 101% of par value
2024-05-09 16:00
Odaily Planet Daily News: Claims Market, a trading platform specializing in bankruptcy claims and providing FTX debt liquidity, said that the transaction price of each unit of FTX debt in the secondary market has risen to 101% (Bid) to 110% (Ask) on May 8. Earlier news, according to the restructuring plan released by FTX on Tuesday night, FTX estimated that it owed about $11.2 billion, and $14.5 billion to $16.3 billion could be distributed to creditors.
