London-based Attestor has filed a lawsuit against FTX claims seller Lemma after making a 200% profit on the purchased FTX claims stash.
The collapse of the FTX exchange continues to play out in the bankruptcy claims market, with Attestor Capital, a top FTX claim holder, filing a lawsuit against one claim seller.
Attestor is a London-based hedge fund focusing on distressed assets and private equity. The firm has emerged as one of the biggest buyers of FTX’s bankruptcy assets alongside Silver Point Capital and Diameter Capital Partners.
As of February, Attestor was the largest FTX claims buyer, purchasing at least $400 million worth of claims, according to the Claims Market data.
