Xclaim has listed over $200 million in crypto customer accounts on its global marketplace for crypto bankruptcy claims

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The Only Independent Online Trading Platform Helps Crypto Clients Unlock Value In Their Accounts That Has Been Locked In By Bankruptcy

LOS ANGELES, Jan. 19, 2023 /PRNewswire/ — Xclaim, the only independent trading platform for crypto assets locked in bankruptcy, today announced that thousands of clients from several bankrupt crypto exchanges, including FTX, BlockFi, Celsius, and Voyager, have listed their accounts for sale, representing over $200 million in crypto assets. Xclaim allows crypto account holders to recover the market value of accounts inaccessible for the duration of a bankruptcy.

Founded in 2018 by Matthew Sedigh, Xclaim operates a marketplace for crypto traders to unlock the value of their frozen accounts by settling their account in cash. While bankruptcy can be a laboriously slow and complex process, Xclaim offers a market-based solution allowing account holders to access immediate liquidity.

Currently, around $30 billion in crypto bankruptcy claims are held by over 15 million account holders worldwide. By connecting buyers and sellers of these frozen accounts in a competitive marketplace, Xclaim ensures that market participants have access to the most accurate data and transact at open market prices.

“I’ve spent my entire career helping parties figure out how to get the most value out of difficult and complex situations,” says Matthew Sedigh. “Bankruptcy is usually a painful process, especially for those who have to wait years to recover their own property. Our mission at Xclaim is to provide a new alternative to this frustration. We give people the choice to act in their own interest. “

To learn more about Xclaim and recovering value from locked crypto accounts, please visit: www.x-claim.com

About Xclaim

Xclaim operates the only independent online trading platform for crypto bankruptcy claims. With the largest network of buy-side traders, crypto account holders can trust the competitive and transparent solution of an open market platform to offer the highest price and most favorable terms. Xclaim relentlessly strives to help its clients unlock value and better allocate risk in rapidly changing market conditions.

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Media contact: Sarah [email protected]

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