Prices of claims on bankrupt crypto exchange FTX Group have soared as it moves closer to returning billions of dollars to customers and creditors, buoyed by a rally in digital assets.
FTX claims now trade at 57 cents to 73 cents on the dollar, depending on their size, according to data from Cherokee Acquisition, which brokers bankruptcy claims. That’s up from 50 cents to 53 cents in late October.
