FTX Creditors Could Get All Their Money Back If This One Thing Happens – Lawyer

FTX creditors stand a chance at recovering 100% of lost assets due to potential valuation increases of FTX’s investment holdings, according to creditors’ attorney Kunchou Tsai.

Tsai, who has assisted over 100 clients in filing claims against the failed crypto exchange, points to FTX’s stake in artificial intelligence research company Anthropic as a prime example. FTX invested $300 million into Anthropic in 2021.

With Anthropic potentially reaching a $17 billion valuation in upcoming funding rounds, FTX’s investment could swell to $3-4.5 billion, according to The Block’s reporting. This multibillion dollar return would significantly benefit FTX creditors seeking to recoup losses from the exchange’s collapse.

Anthropic is just one investment FTX made with customer funds that appears primed for immense growth. Other holdings like messaging app Signal and quant trading firm Alameda Research also stand to substantially increase in value.

As these investments mature, creditors are positioned to recover potentially the full value of missing assets. Tsai estimates the total asset recovery rate could reach 100% or more thanks to FTX’s stakes capturing outsized returns.

However, the path to make creditors whole remains complex given FTX’s bankruptcy proceedings. How proceeds from FTX investment holdings will be distributed is still uncertain.

Nonetheless, the upside case for FTX’s investment portfolio painted by Tsai provides a glimmer of hope for victims seeking restitution. With billions in potential gains on the line, creditors have reason to closely monitor valuations of FTX’s holdings as key milestones approach.

Check $RECQ Meme Coin

Sponsored: Invest Responsibly, Do Your Own Research.
Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.


Dobrica Blagojevic