{"id":195525,"date":"2023-11-03T13:39:41","date_gmt":"2023-11-03T13:39:41","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=195525"},"modified":"2023-11-03T13:39:41","modified_gmt":"2023-11-03T13:39:41","slug":"ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/","title":{"rendered":"FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts"},"content":{"rendered":"

The current claim pricing of FTX has reached a maximum of 57%, according to data from Claims Market. The increase in FTX\u2019s claim pricing is attributed to the valuation of the Artificial intelligence (AI) companies that the now-bankrupt crypto exchange previously invested in.\u00a0<\/p>\n

Creditors stake their claims to try to recoup some of their investment when businesses experience financial difficulties or bankruptcy. Based on their estimates of the total amount recovered, investors frequently trade these claims. There is an increase in the estimated recovery value when the pricing of a claim rises. <\/p>\n

<\/p>\n

As the value of FTX investment in these AI companies jumped, so did the potential amount that could be recovered from its bankruptcy procedure. A claim is a legal assertion of a certain monetary amount.<\/p>\n

The claim percentage value here refers to the amount of expected recovery from the platform. FTX claims value jumped highest when compared to other bankrupt crypto firms such as Celsius with about 35-40%, Genesis with about 50%, Alameda at 10%, and Three Arrows Capital (3AC) with only 7% to 9%. <\/p>\n

Related: <\/em><\/strong>\u2018Fuck regulators,\u2019 said SBF behind closed doors: Report<\/em><\/strong><\/p>\n

The surge in FTX claims also comes amid former FTX CEO Sam BankFried\u2019s public trial ending on Nov. 2 as the jury found the tainted CEO guilty on all seven charges. The judge in the case will announce sentencing in the case in March 2024.<\/p>\n

The FTX claims have been a major topic of discussion among the crypto community throughout the bankruptcy proceedings. Earlier, the judge in the case had allowed FTX to sell nearly $3.4 billion worth of crypto assets in the market to compensate creditors. With the rising price of cryptocurrencies and increasing valuation of companies that FTX invested in, the creditors stand a healthy chance of returning a significant chunk of their lost money from FTX.<\/p>\n

Magazine:<\/em><\/strong> BitCulture: Fine art on Solana, AI music, podcast + book reviews<\/em><\/strong><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The current claim pricing of FTX has reached a maximum of 57%, according to data…<\/p>\n","protected":false},"author":4,"featured_media":195524,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nFTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts - Tokens Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts - Tokens Talk\" \/>\n<meta property=\"og:description\" content=\"The current claim pricing of FTX has reached a maximum of 57%, according to data...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/\" \/>\n<meta property=\"og:site_name\" content=\"Tokens Talk\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-03T13:39:41+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tokenstalk.info\/wp-content\/uploads\/2023\/11\/FTX-claims-climb-to-57-as-Sam-Bankman-Fried-found-guilty-on-all-counts.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/\",\"url\":\"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/\",\"name\":\"FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts - Tokens Talk\",\"isPartOf\":{\"@id\":\"https:\/\/tokenstalk.info\/#website\"},\"datePublished\":\"2023-11-03T13:39:41+00:00\",\"dateModified\":\"2023-11-03T13:39:41+00:00\",\"author\":{\"@id\":\"https:\/\/tokenstalk.info\/#\/schema\/person\/6f5c93d641f4dc4ea25a3807d041e4ab\"},\"breadcrumb\":{\"@id\":\"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tokenstalk.info\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tokenstalk.info\/#website\",\"url\":\"https:\/\/tokenstalk.info\/\",\"name\":\"Tokens Talk\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tokenstalk.info\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tokenstalk.info\/#\/schema\/person\/6f5c93d641f4dc4ea25a3807d041e4ab\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tokenstalk.info\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts - Tokens Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/","og_locale":"en_US","og_type":"article","og_title":"FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts - Tokens Talk","og_description":"The current claim pricing of FTX has reached a maximum of 57%, according to data...","og_url":"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/","og_site_name":"Tokens Talk","article_published_time":"2023-11-03T13:39:41+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/tokenstalk.info\/wp-content\/uploads\/2023\/11\/FTX-claims-climb-to-57-as-Sam-Bankman-Fried-found-guilty-on-all-counts.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/","url":"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/","name":"FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts - Tokens Talk","isPartOf":{"@id":"https:\/\/tokenstalk.info\/#website"},"datePublished":"2023-11-03T13:39:41+00:00","dateModified":"2023-11-03T13:39:41+00:00","author":{"@id":"https:\/\/tokenstalk.info\/#\/schema\/person\/6f5c93d641f4dc4ea25a3807d041e4ab"},"breadcrumb":{"@id":"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/tokenstalk.info\/crypto\/ftx-claims-climb-to-57-as-sam-bankman-fried-found-guilty-on-all-counts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tokenstalk.info\/"},{"@type":"ListItem","position":2,"name":"FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts"}]},{"@type":"WebSite","@id":"https:\/\/tokenstalk.info\/#website","url":"https:\/\/tokenstalk.info\/","name":"Tokens Talk","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tokenstalk.info\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tokenstalk.info\/#\/schema\/person\/6f5c93d641f4dc4ea25a3807d041e4ab","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tokenstalk.info\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/posts\/195525"}],"collection":[{"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/comments?post=195525"}],"version-history":[{"count":0,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/posts\/195525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/media\/195524"}],"wp:attachment":[{"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/media?parent=195525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/categories?post=195525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tokenstalk.info\/wp-json\/wp\/v2\/tags?post=195525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}