Alameda claim in OTC market

According to the current agreement, maintaining the claim incurs a monthly fee of $15,000, which is paid by the debt holders. At present, the over-the-counter (OTC) claim price ranges between 108% and 120% of the face value. By selling the claim now, we can secure these funds and avoid the ongoing $15,000 monthly fee. If the process continues for another two years, the total fee would amount to $360,000 ($15,000 x 24 months). Given this significant cost, it may be more advantageous to sell the claim now rather than wait.

Proposal for SSA Advisory and Legal Services Invoicing

1 Like