by • FTX has published its list of creditors, which includes well-known institutions such as Binance, Airbnb, Apple, Amazon, Linkedin, and Coindesk.
• U.S. government entities such as the IRS and FinCEN are also included in the list.
• Bankruptcy documents filed last year indicate that the top 50 FTX creditors are owed an estimated $3 billion.
Crypto exchange FTX recently published its list of creditors, which includes an array of well-known institutions, government entities, and businesses. The list is over 100 pages long and reveals the amount of money owed to these entities.
The list includes a number of well-known businesses, such as Binance, Airbnb, Apple, Amazon, Linkedin, Coindesk, the Wall Street Journal (WSJ), Alibaba, Allied Sports, Microsoft, Meta, Twitter, Google, Blue Bottle Coffee, Bonham Capital, Bitstamp, Bitgo, Infura, Inca Digital, Lightspeed Strategic Partners, Long Watch Security, Mercedes-Benz, Messari, Nomura, and O’Leary Productions. U.S. government entities, such as the Internal Revenue Service (IRS) and the Treasury’s Financial Crimes Enforcement Network (FinCEN), are also included in FTX’s creditor ledger.
In addition, the list features a variety of businesses from The Bahamas, where the FTX inner circle operated, as well as three major airlines, hotels, apartments, nonprofits, and software companies that provide cloud services. However, around 9.69 million FTX customer names have been redacted from the creditor ledger.
Bankruptcy documents filed last year indicate that the top 50 FTX creditors are owed an estimated $3 billion. It is yet to be seen if FTX will be able to fulfill its financial obligations to these creditors, as the company is currently in the midst of a bankruptcy process.
Given the large amount of money owed to a variety of entities, it is clear that FTX has incurred significant financial losses. It remains to be seen how FTX will be able to satisfy its creditors, and if the creditors will be able to recoup their losses.
