FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
Cointelegraph
Published Nov 20, 2022 05:38PM ET
Updated Nov 20, 2022 07:20PM ET
According to a court filing on Nov. 20, FTX Trading LTD owes its top 50 creditors over $3 billion USD. The document, which was submitted through the United States bankruptcy court for the district of Delaware, was filed as part of the company’s Chapter 11 bankruptcy proceedings.
The filing indicated that FTX owes the top individual alone in excess of $226 million USD, with all others owed sums approximately ranging between $21 million and $203 million. The creditors' identities are unknown, and their locations undisclosed. The document explained:
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Written By: Cointelegraph
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