Crypto Claims

Liquidity for locked digital assets.

Our principals have helped thousands of crypto holders monetize claims across nearly every major digital asset insolvency of the last decade—BlockFi, BlockFills, Celsius, Genesis, FTX, Mt. Gox, Three Arrows Capital, Vauld, Voyager, and many more.

Crypto loss claimants.

Exchange Customers

We help account holders recapture the value of deposits tied up in bankruptcies and liquidation proceedings around the world. Cases drag on for years; selling your interest accelerates the payout and eliminates the need to monitor the case and navigate a confusing claims reconciliation process.

Digital Asset Lenders

We help lenders holding defaulted loans or locked on-chain collateral recover against failed borrowers and protocols. When underlying asset swings erode the benefit of waiting for higher recoveries, it's time to move on and put your capital to a higher and better use.

Fund Vehicles

We help funds with trapped capital unlock value for LPs. A claim against a collapsed exchange, lender, or counterparty weighs on fund NAV and stalls distributions. Converting claims and other interests to cash lets you return capital to LPs, who never signed up to be distressed investors.

Estates & Trustees

We help fiduciaries monetize crypto-related claims and interests for the benefit of all interest holders. Creditors don't want to fund lottery tickets. A clean no-recourse sale or structured funding with shared upside helps to cap costs, reduce the risk of administrative insolvency and preserve speculative value.

Token & Equity Investors

Holders of tokens, SAFTs, SAFEs, or equity in failed projects and companies rarely expect to get paid when things go south, but may have securities law, class action claims and third party claims or other junior rights worth pursuing and funding.

Competitive pricing. Real resolutions.

Capital

Accept a competitive offer from our dedicated capital partners or tap our deep network of institutional buyers.

Structuring

Lean on our experience structuring complex transactions to ensure alignment of incentives and efficient risk allocation.

Analysis

Hire us to trace and investigate historical crypto transactions to assess recoverability and litigation options, in partnership with sophisticated counsel.

Advice

KYC, claim validation or jurisdictional challenges? We've seen it all and can guide you as your advocate to improve your recovery chances.

Disputes

Engage us to help you work through tough situations with counterparties that need a voice of reason in the middle.

Relevant experience

$270M FTX Trading Ltd.

Investor Group / Disputed-Ownership Claim · Advisory · Oct 2024 – Aug 2025

Advised investor group on resolving disputed ownership of an FTX claim resulting from a separate ponzi scheme in Korea. Assisted with identification and engagement of U.S. bankruptcy counsel, coordination with Korean advisors and all aspects of case strategy including with respect to Korean bankruptcy matters and engagement with the FTX bankruptcy estate.

$106M Mt. Gox

Trust Interest Participation · Participation · Nov 2023

$103M Failed ICO Issuer

Gov't-seized BTC/ETH Assets · Structured Participation · Jan 2025

Brokered exclusive sale of minority interest in seized crypto, crypto-backed loans, real estate and other assets held across multiple jurisdictions to a family office. Proceeds used to fund seller's ongoing legal expenses in active DOJ litigation.

$89M FTX Trading Ltd. Ch. 11

Licensing Partner / General Unsecured Claim · Structured Assignment · Dec 2023

Brokered exclusive sale of a rejected licensing agreement claim to a multinational hedge fund group. Structured sale to include contingent consideration for seller based on ultimate allowed amount of claim.

$58M Genesis Global Holdings Ch. 11

Crypto Exchange / Institutional BTC Loan Claim · Assignment · Jun 2023

Brokered exclusive sale of Korean crypto exchange claim against Genesis Global to U.K.-based hedge fund with settlement in BTC.

$27M Three Arrows Capital

Digital Asset Loan Claim · Advisory · Jun 2025

$20M Voyager / Celsius / BlockFi Ch. 11 Cases

100s of Crypto Loss Customer Claims · Trading · Jul 2022 – Jan 2024

Built marketplace to offer competitive exit options for smaller customer claims on form documents across multiple bankrupt crypto exchanges.

$8M Genesis

BTC/ETH Loan Claim Portfolio · Assignment · Oct 2024

$4M Celsius

Retail Customer Claims · Assignment · Feb–Dec 2023

What clients say

Andrew is always thinking about how to structure trades in the most elegant way to allocate risk among the parties. When others give up, Andrew digs in.

Locked Crypto Interest Holder

Andrew is extremely professional and easy to work with. His negotiating style is collaborative rather than confrontational, but he knows how to dial it up for a client when the situation demands.

FTX Trading Ltd. Creditor

Andrew has deep knowledge about bankruptcy and restructuring that gives his clients a major advantage in negotiations.

Genesis Global Creditor

Built to move fast when it counts.

Automated diligence and deep integration with our capital sources means rapid onboarding, highly competitive pricing and a streamlined and efficient closing process.

Lightning Fast

If our dedicated capital partners can't fund it, we'll quickly pair you with the right counterparty that can. With 500+ institutions on speed dial, our capital partner network ensures broad coverage across claim sizes, geographies and asset types.

Kept Confidential

We ask only for the information we need to assess your rights and their fair market value, and we share it only with the service providers and counterparties who help us do that. Our Privacy Policy sets out who they are and what they receive.

Relationships First

Our collaborative, relationship-focused approach delivers superior outcomes. We structure transactions to not only meet your needs now, but to properly align party incentives for the long haul.

Follow the latest in digital asset distress. Talk to us.

Your inquiry is kept confidential. We aim to reply within two business days.

Ready to learn more? Talk to us.

Your inquiry is kept confidential. We aim to reply within two business days.