Cherokee and other companies buy bankruptcy claims. It’s a legal business. They’re obviously are not going to offer 100% valuations on what your claim is. They make money by buying under your cost and taking the profits when realized. If you bought 100K worth of Ripple shares at 40 a share, these companies are likely going offer you 60-75% of what you paid (ie 75K). But if Ripple shares are valued today at 100 per share in the secondary market (that last Ripple tender offer was 175) you have more than doubled your investment - so your unrealized claim is worth 200K or more. I doubt a company is going to offer you 75% of your unrealized profits. They usually base it only on your original investment. The bottom line is that investors were NOT going to get Ripple shares UNTIL Ripple has an IPO AND the lockup period expires. Therefore, you were not going to get Ripple shares for sometime. So unless you’re facing an emergency and need the money, I don’t see why one would sell.(John E Deaton)