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Investors are spending hundreds of millions of dollars on FTX bankruptcy claims, betting that the firm’s new leaders will recover the money that Sam Bankman-Fried misappropriated. Thomas Braziel, a partner at the investment firm 117 Partners, has been spearheading the brokerage of these sales.
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"The story of FTX has come full circle, as investors who once used the platform to place risky crypto bets now gamble on the company’s prospects in bankruptcy court — and funnel any gains back into the resurgent crypto market."
https://www.nytimes.com/2023/12/20/technology/crypto-trading-ftx-bankruptcy.html
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