Cryptocurrency exchange FTX, which went bankrupt in the past months, seems to be in debt to many companies. Yesterday, the presence of companies such as Apple and Coinbase drew attention in the 100-page document at FTX’s bankruptcy hearing. Here are the details…
Creditors of FTX exchange appeared
FTX submitted a massive 115-page payee matrix to the U.S. Bankruptcy Court for the District of Delaware on Wednesday. The list details the names of their creditors to U.S. and international government agencies, including airlines, hotels, charities, banks, venture capital firms, media outlets, and crypto companies. Big tech giants Apple, Netflix, Amazon, Meta, Alphabet company behind Google, Microsot and Twitter; listed as creditors.
Governments around the world, such as Japan, Australia, and Hong Kong, as well as the IRS and numerous government agencies were listed as creditors. Web3 companies such as Coinbase, Galaxy Digital, Yuga Labs, Circle, Bittrex, Sky Mavis, Chainalysis, Messari, and Binance-owned organizations are also on the list. Other than that, the New York Times, The Wall Street Journal and CoinDesk are on the list. In November, lawyers suing on behalf of crypto exchange FTX suggested it may have more than a million creditors.
FTX’s new CEO, John Ray III, said in an interview with The Wall Street Journal that a task force has been formed to investigate reviving the company’s main international exchange, FTX.com. The prospect of a revival has led to a rally in the price of Bitcoin and other assets.
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