New Fire Technology sells all claims for 107.8% of FTX's original claim amount for a total of 19.50 million USD

On May 28, the Hong Kong-listed company Xinhuo Technology announced that it will sell all the claimed rights and interests for 107.8% of the original claim amount of FTX, totaling 19.50 million US dollars. The announcement stated that Hbit Limited as the seller and Ceratosaurus Investors, L.L.C. as the buyer. The seller has agreed to sell and the buyer has agreed to purchase all the rights, titles and interests of the seller in the FTX claim.