FTX’s Creditor List Includes Federal Agencies, Crypto Firms And Celebrities

FTX’s Creditor List Includes Federal Agencies, Crypto Firms And Celebrities
Crypto Security
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Lawyers of FTX recently filed a creditor matrix in the U.S. Bankruptcy Court for the District of Delaware. The deposit contains the much-expected list of creditors to whom the failed crypto exchange owes money. The 116-page long document revealed the names of celebrities, airlines, federal agencies, and fellow crypto firms, all creditors of Sam Bankman-Fried’s bankrupt crypto exchange

FTX owes money to Coinbase, Yuga Labs, Microsoft, etc. 

It was drawn up by Alvarez. The list of creditors shows the sumptuous lifestyle in which Sam Bankman-fried and the management of his enterprise engaged. Not only that proves the irresponsible spending of business management. 

It also provides an overview of the severity and extent of the impact of the crypto exchange collapse. Businesses in a variety of industries, including hotels, airlines, entertainment and news. This includes high-end resorts such as Hyatt, big tech companies such as Google and Apple, Sports companies such as Miami Heat and Mercedes Amg Formula One, and other crypto companies such as Coinbase, huobi, and BINANCE and things like that. 

Curiously, names such as Doordash and Ubereats on the list of creditors point to outstanding food bills on the stock market. The list also includes the names of regulators around the world, including the Japan Financial Services Agency, the Ontario Securities Commission of Canada, and the United States Securities and Trading Commission. In the United States, ftx owes money to over a dozen federal agencies nationwide. In the United States, the FTX owes money to over a dozen federal organizations across Canada.