According to the New York Times, a number of institutions, including well-known Wall Street investment bank Jefferies, brokers Seaport Global and BTIG, are trying to assess the potential value of trapped assets on the FTX platform, seeking to acquire their claims at a discount from users. Once the deal is done, the brokers are expected to sell the underlying assets to professional hedge funds. According to the report, due to the complexity of the FTX bankruptcy process, it may take years for customers to recover their funds, and it is likely that they will only be able to recover a small portion of their funds. Wall Street brokers hope to buy client assets and claims at a discount and transfer them to professional firms willing to pursue higher profits, so that investors can recover part of their funds faster. However, in view of the uncertainty of bankruptcy proceedings, these investment banks or brokers are only willing to purchase customer claims at a price of less than 10%.