The credit investment company hopes to purchase debts at a low price from FTX customers
ChainCatcher news has drawn the attention of distressed asset investors regarding customer funds affected by the FTX bankruptcy. Credit investment firms are looking to purchase claims from FTX customers, or they may have to wait several years to recover their funds. Agreeing to sell claims means accepting significant losses, with claims sold at face value in USD. A knowledgeable source revealed that Apollo Global Management and Attestor are among the well-known investors who have had discussions about purchasing claims.Some FTX customers have indicated that they hope to complete the sale of claims by the end of the year so they can offset tax losses. (The Block)