Here are all of FTX's creditors: over 10 million names!



by LORENZO CIOTTI

Here are all of FTX's creditors: over 10 million names!

The complete list of creditors of FTX, the cryptocurrency exchange founded by Sam Bankman-Fried, has been released. FTX filed a 115-page list of creditors in Delaware District Bankruptcy Court on Wednesday. The list details the names of creditors, including airlines, hotels, charities, banks, venture capital firms, media and cryptocurrency firms, US and international government agencies.

Among them are: Apple, Netflix, Amazon, Meta Platforms Inc, Alphabet Inc, LinkedIn, Microsoft Corp and Twitter. Web3 companies such as Coinbase, Galaxy Digital, Yuga Labs, Circle, Bittrex, Sky Mavis, Chainalysis, Messari and Binance-owned entities.

The New York Times, Wall Street Journal, and CoinDesk were among the media outlets cited. The IRS and several state agencies, as well as governments around the world, such as Japan, Australia and Hong Kong, have also been listed as creditors.

In November, lawyers for cryptocurrency exchange FTX suggested it may have over a million creditors. In an interview with The Wall Street Journal, FTX's new CEO John Ray III said a working group has been formed to look into the feasibility of relaunching the company's major international exchange, FTX.com.

Hopes of a recovery have triggered a rally in the price of Bitcoin.

Here are all of FTX's creditors: over 10 million names!

The list in question includes Swiss companies active in digital finance such as Bitcoin Suisse, Seba Bank and the Maerki Baumann institute.

Other creditors include Zurich and two US branches of UBS, as well as major law firms such as Lenz&Stähelin and Bär&Karrer. FINMA and several Swiss financial companies are also included in the long list of creditors affected by the bankruptcy of FTX, the Bahamas-based cryptocurrency trading platform, founded in 2019 and went bankrupt in November 2022.

Occurring in the middle of this week, the publication of the 115-page list of those who could make claims on FTX shows the global impact that the collapse has had: in addition to large cryptocurrency companies such as Coinbase or Binance, the list also includes major companies as well as authorities of the United States and other countries.

The collapse of FTX has sent a very strong shock to the cryptocurrency markets. The founder of the platform, 30-year-old Sam Bankman Fried, was arrested in the Bahamas in December and has since been extradited to the United States. US authorities accuse him of defrauding investors and embezzling billions of dollars of client funds.

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