Attention, crypto enthusiasts! đ
An FTX customer, Nikolas Gierczyk, is suing hedge fund Olympus Peak, claiming he is owed more money after selling his claims on the collapsed platform. Gierczyk sold his $1.59 million claim at a 42% discount, receiving $930,000. Now, with FTX's reorganization plan approved, Olympus Peak could earn more than $1 million.
- FTX will return 100% of the claim amounts plus interest.
- Some users sold their claims to hedge funds to avoid the lengthy bankruptcy process.
What do you think about this situation? Leave us your comments!