December 1, 2022

FTX companies owe greater than $3bn to largest collectors

FTX businesses owe more than 3bn to largest creditors

FTX businesses owe more than 3bn to largest creditors

Sam Bankman-Fried’s companies owe greater than $3bn to their largest collectors, in keeping with court docket filings, because the cryptocurrency group’s big chapter course of will get underneath method.

The crypto change FTX and linked corporations based by Bankman-Fried filed an inventory of their 50 largest collectors on Sunday, all of that are clients and two of that are owed greater than $200mn. The businesses’ complete liabilities are estimated at greater than $10bn, in keeping with earlier filings, and it might have…

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