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Prices for FTX Group claims have experienced a significant increase after news broke that the bankrupt crypto exchange is considering proposals from three potential buyers for its inactive exchange. The valuations of FTX claims now range between 50 and 53 cents on the dollar, marking a rise from the previous week’s range of mid-40 cents. Cherokee Acquisition, a firm specializing in brokering bankruptcy claims, has reported this surge in value. The increase in claim prices can be attributed to the ongoing discussions FTX is having with various parties, exploring options such as selling the exchange, partnering with another entity for relaunch, or pursuing an independent reboot. Over the past year, FTX’s claim prices have steadily risen as efforts to recover assets have been successful. Matrixport’s report in September revealed that the expected payout for creditor claims against FTX had reached an average of 37 cents on the dollar, the highest level since the bankruptcy filing in late 2022. This improvement is credited to the successful asset recovery and clawbacks led by John Ray III, a veteran Wall Street bankruptcy lawyer overseeing the exchange’s bankruptcy process. FTX has managed to marshal $7.3 billion in assets, including cryptocurrencies and real estate. The report also highlighted the potential for restarting the exchange as a promising avenue for creditors, as evidenced by the recent surge in creditor claims driven by investor proposals.