FTX high-value creditors: Some creditor agents or intermediaries sell anxiety to lower the price of creditor rights, and the arbitrage space is conservatively estimated to be 20% to 30%.
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News: In an interview, FTX high-value creditor Will (@zhetengji) stated: "If a third-party institution purchases your claim, your original holding country will no longer be considered when determining compensation eligibility. Some creditors suggest selling claims to compliant addresses, and certain so-called 'claim agents' or intermediaries, especially those who are predominantly Chinese, continuously sell anxiety to the community through various methods, creating panic and driving down claim prices. In such an environment, many already anxious individuals are forced to sell their claims at low prices. The conservative estimate of arbitrage space could be between 20% and 30%. In FTX's bankruptcy liquidation, claims are calculated with interest accumulating at 9% annually, so the final recovery amount depends on the time dimension and the scale of ultimately recovered assets." (BlockBeats)
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