A bankruptcy claims trading platform called Xclaim just closed a $7 million fund raising round after adding a focus toward crypto claims.
If you have funds stuck in one of several centralized crypto related companies which filed bankruptcy last year, this may be of interest to you. I have no recommendation of this firm and have never used it: x-claim.com.
- Genesis – up to 52.5%
- FTX – up to 19%
- BlockFi – Up to 18%
- Celsius – up to 21% and if less than 5k, up to 40%
- Voyager – up to 35%
Unlike a personal bankruptcy which can be over in as little as 90 days, a corporate bankruptcy, particularly a complicated one like any of the above, can take years. It may be worth selling your claim and re-investing elsewhere. Even in crypto. Just self-custody this time using a Ledger hard wallet or something comparable.