A source-linked guide to FTX claim-transfer options.
Qredax and FTX SELL: documented differences
Qredax and FTX SELL compared on position, restricted jurisdictions, procedure and payouts using quoted statements from each company's site, read on 2026-10-15.
Content reviewed 2026-10-15 · Release generated 2026-10-16
Both Qredax and FTX SELL describe themselves as direct buyers of FTX claims. The rows below place their published statements side by side; a dash marks information neither source states.
Position
| Item | Documented reference |
|---|---|
| Qredax | “Qredax purchases these claims directly” First-party statement on qredax.com Source checked 2026-10-15 |
| FTX SELL | “We buy creditors' claims against FTX with our own funds. We are a buyer, not a broker” First-party statement on ftxsell.com. Terms updated 11 September 2026. Source checked 2026-10-15 |
Restricted jurisdictions
| Item | Documented reference |
|---|---|
| Qredax | “We work with FTX creditors from Ukraine, Russia, China and other restricted jurisdictions where distributions are complicated.” First-party statement on qredax.com Source checked 2026-10-15 |
| FTX SELL | “We buy FTX claims, including claims affected by country restrictions.” First-party statement on ftxsell.com Source checked 2026-10-15 |
Exclusions
| Item | Documented reference |
|---|---|
| Qredax | “We screen every seller against OFAC, EU, UK and UN sanctions lists — and do not transact with sanctioned persons.” First-party statement on qredax.com Source checked 2026-10-15 |
| FTX SELL | “We do not buy Cuba, Iran, North Korea, Syria” First-party statement on ftxsell.com Source checked 2026-10-15 |
Procedure
| Item | Documented reference |
|---|---|
| Qredax | “A legitimate purchase runs on a written Sale and Assignment of Claim (SAC) agreement, followed by a Notice of Transfer filed with the court in case 22-11068.” First-party statement on qredax.com Source checked 2026-10-15 |
| FTX SELL | “The transfer of ownership is filed in the FTX bankruptcy case in the Delaware court.” First-party statement on ftxsell.com Source checked 2026-10-15 |
Payouts to the seller
| Item | Documented reference |
|---|---|
| Qredax | “BTC, ETH, USDT, USDC or fiat wire.” on qredax.com/en/; the about page says “Settlement in USDT, sent only after both parties sign.” First-party statement on qredax.com Source checked 2026-10-15 |
| FTX SELL | “In USDT or USDC, on the video call, right after the documents are signed.” First-party statement on ftxsell.com Source checked 2026-10-15 |
Seller fees
| Item | Documented reference |
|---|---|
| Qredax | “Zero upfront fees” First-party statement on qredax.com Source checked 2026-10-15 |
| FTX SELL | “We cover the filing costs.” First-party statement on ftxsell.com Source checked 2026-10-15 |
Quote and languages
| Item | Documented reference |
|---|---|
| Qredax quote | “We normally respond within one business day.” First-party statement on qredax.com Source checked 2026-10-15 |
| FTX SELL quote | — No response time is stated. |
| Qredax site versions | English, Russian, Chinese, Arabic (site versions) First-party statement on qredax.com. Site language switcher lists English, Russian, Chinese and Arabic versions. Source checked 2026-10-15 |
| FTX SELL languages | English, Russian, Chinese, Arabic (site versions) First-party statement on ftxsell.com. Site language switcher lists English, Russian, Chinese and Arabic versions. Source checked 2026-10-15 |
Not documented for either
| Item | Documented reference |
|---|---|
| Legal entity | — Neither site names a legal entity; FTX SELL says the buyer is named in the transaction documents. |
| Published price | — Neither site publishes an FTX claim price. |
Frequently asked questions
Is this a ranking?
No. The page lists quoted statements and gaps. It does not score either company.
Where do the statements come from?
From qredax.com and ftxsell.com, read on 2026-10-15. They are company statements, not independent verification.