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Jefferies seeks bids for FTX, creditor claims.

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Jefferies seeks bids for FTX, creditor claims.

On March 18th, a self-described FTX creditor (@ sunil) posted an article on social media stating that Jefferies, a well-known Wall Street investment bank, was contacting potential FTX bidders to restart FTX. According to its disclosure, FTX JP alone has more than 40 bidders, while FTX (international version) has more. The 9.7 million users and 1.4 million creditors of the FTX platform are the most valuable assets that bidders consider the platform to be.

Zhu Su: “FTX 2.0 will revitalize capital and give those who are trapped in capital a second chance.”

Analysis based on this information:


On March 18th, a social media post by a self-proclaimed FTX creditor (@ sunil) claimed that investment bank Jefferies was reaching out to potential bidders for the restart of FTX. Jefferies is a reputable Wall Street investment bank, known for facilitating large-scale financial transactions. The post revealed that FTX JP alone has more than 40 bidders, while FTX (international version) has more. This information indicates that there is potentially high demand for the acquisition of FTX.

FTX is a digital asset trading platform founded in 2019 that offers trading in crypto-based derivatives, futures, and leveraged tokens. It gained significant traction in the cryptocurrency community due to its ease of use and innovative trading products. However, FTX parent company Alameda Research, which also operates BitMEX, encountered regulatory troubles in 2020 that forced the suspension of FTX services.

The post mentions that the potential buyers are interested in the most valuable assets of FTX, which are its 9.7 million users and 1.4 million creditors. The value of these assets comes from the fact that these users represent a significant market share of the cryptocurrency trading industry. FTX has established a loyal user base, with many traders relying on it to access a range of digital assets.

Jefferies’ involvement in the bidding process signals that FTX is a considerable asset with potential for high returns. Jefferies is a reputable investment bank that would not participate in projects with low potential, indicating that they see value in FTX. The fact that there are reportedly over 40 bidders for FTX JP alone indicates that multiple investors, finance companies, or other organisations are interested in acquiring the ill-fated platform.

In conclusion, the post by the FTX creditor hints at the potential revival of the leading digital trading platform, which had a significant impact on the crypto industry before it shut down. The bids revealed by Jefferies prove that FTX has significant market value and show that the platform’s assets are in demand. This post represents a positive development for FTX users, as it may reignite the trading platform and allow them to continue trading with ease. The key takeaway from this story is that the most valuable assets of a trading platform are its users.

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