A certain FTX creditor tokenized a debt of approximately $31,000 and borrowed $7,500 against it

ChainCatcher news, the on-chain bankruptcy claims liquidity platform Found recently stated that a certain FTX creditor (wagmiclaims.eth) tokenized a claim of $31,307.81 and used this tokenized claim as collateral to borrow $7,500 through the DeFi lending protocol Arcade.xyz. This operation resulted in an approximate recovery rate of 24% for the FTX creditor. (source link)