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Sources: Multicoin Capital In Discussions To Sell $100 Million Of Its FTX Bankruptcy Claims

Mary Liu

Summary: Cryptocurrency investment firm Multicoin Capital is in discussions to sell its FTX bankruptcy claim, which is worth approximately $100 million, Coindesk first reported, citing a person familiar with the matter. Positive news surrounding FTX’s bankruptcy has pushed claims prices above 70 cents per dollar and heading towards 80 cents. Companies like Multicoin involved in the ...

Cryptocurrency investment firm Multicoin Capital is in discussions to sell its FTX bankruptcy claim, which is worth approximately $100 million, Coindesk first reported, citing a person familiar with the matter.

Positive news surrounding FTX’s bankruptcy has pushed claims prices above 70 cents per dollar and heading towards 80 cents.

Companies like Multicoin involved in the FTX collapse have been weighing the opportunity costs for more than a year, hoping to sell their claims sooner rather than later.

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Link: Sources: Multicoin Capital In Discussions To Sell $100 Million Of Its FTX Bankruptcy Claims   [Copy]
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