Get the highest price for your FTX claims. No exclusivity, No fees, direct buyer, no broker. Transact as low as $1,800 claim value.
Legitimately legitimate!
Exciting News for
#FTXCreditors
! 🌟 Join our Referral Program now & earn 1% of the face value on claims you refer!
Create your affiliate link at ➡️ and start earning today! 💼🔗
1/2 On April 14,
@Mysten_Labs
repurchased the equity and warrants for 890M $SUI tokens from
@FTX_Official
for $96M, below the original purchase price of $102M.
$SUI launched today. At the current price of $1.35, FTX's $SUI tokens alone would be worth $1.2B.
12x!
1. Shop your claim around.
2. Don't sign exclusivity or price confirmations. Don't get bullied.
3. Always submit information to (we do anywhere from $2,500 to $10M in claim size).
4. Reference check the buyer. All sales are not the same.
5. Most
2/ Careful guys - make sure you aren't getting scammed.
Think
@ftxcreditor_com
are dealing with larger claims now and have heard very good reviews but always remember to shop around.
Below is an aggregated chart of all the claims traded on the platform for your reference.
And much higher for convenience class claims. Hold on to your claim if you can.
If you can’t, we’re here to get you the best prices with fast execution.
2/2 12x higher than what the court sold both the tokens and the equity for less than a month ago. $1B of creditor value left on the table. The bankruptcy process needs to be updated.
It's official. FTXCreditor now has bought over 1000 claims.
Thanks to all that put their trust in us! Reach out if you have any questions about the process.
FTX announced the deadline to file proofs of claim for customer claims: September 29, 2023.
You can file your claim on the Customer Claims Portal, where you may view your account balance and transaction history, submit Know Your Customer (KYC) information and electronically
Looking to amend your claim with Petition Date and Current Prices? We got you covered (sorry a scramble this morning to get this in place)
Search for your claim on ftxcreditor and click on the download button.
@crypto_notte
@sunil_trades
@MrPurple_DJ
FTX BANKRUPTCY ⚠️
It is a good idea to add this to your existing claim
(Technical term is “amending the claim” eg you are adding more information to your currently existing claim)
🚀 Exciting News for FTX Creditors! 🚀
We've successfully provided liquidity to 600+ creditors, turning claims into USDC 💸! Our efficient process takes just 30 minutes from due diligence to payment. 💼🕒
Ready to unlock the value of your claim in this bullrun? Let's get you
“There are possibilities that customers could have an option to take part of their proceeds that they would otherwise receive in cash from the estate and receive some kind of an interest in the exchange going forward”
Another use for claims on the horizon
1/9 Hi there!
Like many of you, we're also creditors of FTX. We've experienced firsthand the challenges in navigating this space, from looking up claims to dealing with brokers.
We've helped over 1,700 creditors and counting sell their claim via FTXCreditor! Thank you all for your trust in us.
Want to get back in the market? To find out how it works, click the link:
FTX Creditor has now helped over 2,000+ creditors sell their claim! Thank you to all that entrusted us.
For those looking to get back in the market, sell your claim for USDC now in under 30 minutes:
Sold my FTX claim this week to
@ftxcreditor_com
at the best price I personally received from other firms over this dark year. I frankly believe creditors will get all their money back - lawyer fees eventually but I'm broke & cant hold any longer.
This comeback is personal. Yalla
1,900+ claims sold via FTX Creditor, thank you all for your trust in us. 🙏
If you'd like to get back in the market, convert your claim to USDC in under 30 minutes! 💸
Sold my FTX claim today with
@ftxcreditor_com
Got way much more back than expected for a balance of less than 10,000$.
Process was very smooth and professional + they won't pressure you into selling or rushing anything.
Thanks lads 🙏
#FTX
#FTXCREDITOR
The IRS submitted 45 priority claims totaling $44B against FTX. These take precedence over unsecured creditor (user) claims. If the IRS claims are paid out, the value of unsecured claims will be severely impacted.
Out of all the claims, one number stood out:
$9,646,875...
The
Transacted on the first bundle of claims. The smallest claim in the bundle was $2.5k and received 60%+ rate.
The bundles need to be homogenous (KYC verified) and loosely connected and committed group of people otherwise the coordination costs are too high.
FTX Creditor is the easiest way to confirm that the bankruptcy court knows about your claim.
Last week, FTX published 1.3M anonymized user accounts in a Schedule F filing that lists the unsecured creditors they know about.
Stiamo cercando di aiutare un simpaticissimo gentiluomo italiano con le sue affermazioni su FTX. Abbiamo bisogno dei servizi di un traduttore italiano. Qualcuno può aiutare alle 13:00 ora italiana del 14 febbraio? Pagheremo per i tuoi servizi. I DM sono aperti.
We're trying to
Every single claim seller is appreciative of how smooth and efficient the sale process is.
And we bought 6 claims today.
Do not sign predatory contracts and exclusivity arrangements!
Alright, filed 20 claim transfers in the court today (5162-5198 on the docket), updated the portal with the new petition date prices, added a columns for the current value ... phew
Hearing of people who've signed Transfer of Assignment of claims but haven't received payments. How are sellers comfortable with this?
Demand that you be paid immediately -- you would in any other scenario.
We've purchased 1,800+ claims and counting ! Thank you all for your trust in us.
If you're looking to get back in the market, trade your claim for USDC in ~30 minutes:
If you agree with the amount stated in the portal and entity the claim is against, you don't need to do anything other than submit KYC information. If you disagree with the details of the claim, you will can submit an electronic proof of claim.
I just sold my FTX claim to
@ftxcreditor_com
and I could not have been more satisfied by the way they handled my case. Super friendly & down to earth customer support. You get enough room to ask questions if needed and handle everything in a very professional yet personal matter!
@GIL_Crypto
We *strongly* think you should hold on to your claim.
Most people cannot make a "2x to gain the same money back". In so far as waiting for 100% in 3-5 years, we think people receive a non-trivial portion of it in 2024.
@FTX_Official
wants to claw back the $4B it paid to Genesis within 90d of the bankruptcy. This would be a big win for FTX creditors, albeit the cost of genesis creditors.
The next court hearing for the FTX motion is scheduled for May 25
Watch this space 👀
We hope our friends in Taiwan are safe. Stay safe out there! We have increased our bids slightly for Taiwanese customers.
Also, looking to hire Taiwanese individual to help FTX Creditors. Please DM us if you're interested.
--
希望台湾的朋友们都平安。 外出注意安全!
Just sold my FTX claim today to
@ftxcreditor_com
. Everything went really smooth and done in around 30 minutes.
Absolutely recommend them if you are looking to get rid of your claim for a good price. Thank you so much again!
Hello everyone, I wanted to share my experience with FTX creditors. I found a reliable method for fund recovery. Despite being a bit hasty amid everything, taking the risk paid off, and I successfully retrieved my funds with their assistance.
@ftxcreditor_com
Idk if ppl are aware of this, but you can get almost 90 cents on the dollar for your FTX claim in about a 96 hour turn around time currently. Process is easy af and the firm buying them is really straight forward, responsive, and easy to work with. Do your own research and
Article Link :
A few days ago, I sold my FTX claim on
@ftxcreditor_com
. The main reason was to increase my liquidity, otherwise by the time FTX's bankruptcy process finishes distributing claims, the bull market may have ended.
Before the transaction, I
@FTX_Official
Debtors announce restructuring plan, and the Committee of Unsecured Creditors wastes no time filing complaints!
Here's what they're complaining about:
1. Debtors promised a "roadmap" by July's end after talks with the UCC. But they dropped their plan on the very
Are You Still Waiting On FTX to Release Your Funds?
If you’re in need of immediate liquidity… why not sell your claims?
Just got mine sold and was an amazing fast experience that left me feeling pretty safe
I would go with these guys
@ftxcreditor_com
- super professional
Finally, the ordeal is over; we've managed to recoup some of our money from
#FTX
bankruptcy.
Big shoutout to
@ftxcreditor_com
and especially to
@CryptoVerso
for making it so much easy, thanks to his hard work over the past two weeks spent for all the members of the pool. ❤️
C'est en grande partie correct. Les tarifs sont légèrement plus élevés récemment (60%+ pour 100 000$) et le processus est rapide et efficace. Nous pensons que les recouvrements seront de 100 %, mais dans quelques années, donc si vous pouvez conserver votre réclamation, vous
Plusieurs amis ont passé le cap de vendre leur claim à
@ftxcreditor_com
.
Les taux avoisinent les 50-55% pour des claims < 100k$.
Le processus est rapide et efficace via un call zoom.
Vous allez devoir montrer les mails reçus de la part de l'estate. Ils vont vérifier que vous
실사 통화를 도와주실 한국어 <> 영어 번역가를 찾고 있습니다. 관심이 있으시면 DM주세요. 보수가 좋으며 만족스러운 고객과 대화하게 될 것이며 우리는 매우 따뜻하고 친절합니다.
Looking for a Korean <> English translator to assist with diligence calls. It pays well, you'll be talking to
1/ If you have small FTX claims (sub-100k), you can consider listing it on .
Price won't be very competitive but if your claim is a small % of NW, might be worth it to be free of this mental baggage.
You also get paid in USDC (debtors would pay in fiat).
I sold my FTX claim, and
@ftxcreditor_com
offered me 69.5% of the value. Instead of waiting through the lengthy review process, I preferred to get back most of the funds early. I'm okay with this arrangement.
1/2 It's great to see other teams improving the access to data for FTX creditors. contains some valuable information.
Additional features that we found useful and implemented on are... 👇
1/2 We're excited to announce our newest feature: Claim Transfers!
GPT-4 analyzes every court document, detecting transfers and extracting key data no matter the format.
Number of transfers: 48
Value transferred: $89,589,024
...
I recently sold my FTX claim and it was an amazing experience! The process was seamless and the team was incredibly helpful, even though we were in different time zones.
Highly recommend --
@ftxcreditor_com
to anyone looking to sell their claim
1/2
@FTX_Official
has started sending out noticed containing customer codes to creditors. You can confirm that your claim was also listed on the Schedule F by querying by customer code on
@ftxcreditor_com
.
For creditors who have not received an email..
@foundxyz
@CreditorFtx
Agree with quite a lot here but a few disagreements. The cost of diligence has a lot to do with the price received by the seller. It's an invisible tax on both the buyer and seller. "Highest Price", in the narrowest sense, is probably the wrong answer.
Are You Still Waiting On FTX to Release Your Funds?
If you’re in need of immediate liquidity… why not sell your claims?
Just got mine sold and was an amazing fast experience that left me feeling pretty safe
I would go with these guys
@ftxcreditor_com
- super professional
@MHE_BE3ET
Just so that we understand this correctly -- in the optimistic case, even after valuing BTC at $50k, the FTX Estate will be left over with $1.4B surplus after 100% recoveries for customers?
How many of the demand for FTX creditor claims comes from the value in case of liquidation vs the value of the equity in a potential FTX 2.0, what do y'all think?
@FTX_Official
continues to recover assets. If you were a user who had assets on FTX at the time of bankruptcy, you are entitled to a share. is the easiest way to confirm that the bankruptcy court has registered your claim.
Twitter magic: Does anyone know how to file 3001(e) without the help of a paralegal? Please reach out.
Would be helping us a lot and we will give you points.
Thanks to
@ftxcreditor_com
, I sold my ftx claims in record time and in a completely secure manner. The process is well explained, we are supported throughout the configuration and the person I spoke with was just wonderful. I recommend !
I have heard good things about
@ftxcreditor_com
for small claims sales but still need to interact with them to see if they are more seller friendly than your average claims broker.
Debtors recover another $50M by selling LedgerX.
@FTX_Official
purchased LedgerX for an undisclosed sum in Oct 2021, so it is known whether the sale was at a profit or loss.
@foundxyz
@CreditorFtx
Ahh good. So it isn't univariate "highest price" but atleast a bivariate decision of "highest price as fast as possible".
Infact you don't disagree with my statement.