Benson Sun: The price of FTX debts of $100,000 to $1 million can be negotiated to around 32%-37%

CoinVoice · 2023-10-06T06:53:06.000Z

CoinVoice recently learned that on October 6, crypto KOL and former FTX community partner Benson Sun tweeted that the claims of FTX mid-sized creditors (US$100,000 to US$1 million) can now negotiate prices of around 32%-37% , and it is a one-time payment, no installments. In addition, he said, “Usually claim buyers tend to buy large size claims at once because the proportion of legal fees will be relatively low, so small and medium-sized creditors will have less advantage in price. However, after Antrhopic’s latest news, the current secondary debt market feels There is a bit of FOMO, and claim buyers are starting to buy even small and medium-sized claims.” [original link]

CoinVoice has recently learned that on October 6, crypto KOL and former FTX community partner Benson Sun tweeted that now FTX medium-sized creditors (US$100,000 to US$1 million) can negotiate a price of around 32%-37%, and it is a one-time payment without installments.
In addition, he said, "Usually, claim buyers tend to buy large size claims at one time because the legal fee ratio is relatively low, so small and medium-sized creditors will have no price advantage. However, after Antrhopic's latest news came out, the secondary creditor market now feels a bit FOMO, and claim buyers have started to buy even small and medium-sized creditors." [Original link]