FTX High-Value Creditors: Some creditor representatives or intermediaries are creating anxiety to drive down debt prices, with arbitrage opportunities conservatively estimated at 20% to 30%.

FTX's high-value creditor Will (@zhetengji) said in an interview: "If a third-party institution buys your claim, your original country of holding will no longer be considered when determining compensation eligibility. Some creditors suggest selling the claim to addresses with compliance qualifications. Some so-called 'claim agents' or intermediaries, especially a considerable number of whom are also Chinese, are constantly selling anxiety to the community and creating panic through various means, thereby suppressing claim prices. In such an environment, many originally very anxious individuals are forced to choose to sell their claims at low prices. The arbitrage space is conservatively estimated to be between 20% and 30%. In FTX's bankruptcy liquidation, claims are calculated with interest accumulating at 9% per year, so how much you can ultimately recover depends on the time dimension and the scale of assets ultimately recovered." (BlockBeats) [Odaily Planet Daily]