Testimonial: Filippo, Italy | Case: FTX

Filippo is not a typical creditor that we see. Unlike most, he has  held a claim in a previous bankruptcy. The claim that he holds from a 2018 bankruptcy is still going through the legal process, he has yet to recover any funds more than five years later, with no change in sight. While equally as upset as he was from the first time around, with FTX he took a different approach.

When FTX went bankrupt, he came across Xclaim on the internet and decided to take a look. Like many of the crypto account holders that feel like they have been scammed by the industry, Filippo was also hesitant when looking at the concept of selling his claim. 

“I decided to sell the claim because I took the view that it was going to be an extremely long time before I could get liquidity or access to those funds.” - Filippo

Luckily for him, he had experience with a previous bankruptcy and knew that the road could be long, if not never ending.

Hear more from Filippo and his experience below.