About Thomas Braziel

I specialize in distressed and special situation investing — particularly bankruptcy claims and litigation-driven recoveries. Over the past decade, I’ve built a career around unlocking value from complex, illiquid, or misunderstood assets.

Track Record

• Mt. Gox – Acquired and helped unlock value in early BTC creditor claims
• Belmond (NYSE: BEL) – Bankruptcy and equity special situations
• Ethanex – Over 20x return through legal-asset recovery
• 3AC Modeling – Built recovery models now used by claimants and funds
• Ran 507 Capital – A hedge fund that returned 19%+ net over 6 years

What I Do

I work with claimholders, distressed investors, and bankruptcy professionals to evaluate, acquire, and model legal assets — especially when value is uncertain or tied to litigation.

What I'm Building

Tools for the next generation of bankruptcy professionals and claimants:

• 📊 Recovery estimators for complex estates (e.g. BitClave, 3AC)
• 📉 Lease rejection claim calculators
• 📦 Tools for evaluating and pricing bankruptcy paper