FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts

Claim prices at defunct exchange FTX have surged to a maximum of 57% according to data from Claims Market. This increase is reportedly due to the rising value of AI firms the crypto exchange invested in before its bankruptcy. Despite FTX’s bankruptcy, the booming crypto market and increasing valuations of FTX’s investments potentially offer creditors a significant recovery of their losses.