FTX creditor record reveals airways, charities and tech companies caught in collapse

A whole record of the collectors owed cash by the bankrupt cryptocurrency trade FTX has been launched, revealing a myriad of firms and authorities entities wrapped up in its collapse.

Late on Jan. 25, legal professionals for FTX filed its creditor matrix to the USA Chapter Courtroom for the District of Delaware. The huge 115-page doc particulars the names of its collectors in alphabetical order.

The record reveals the sprawling world net of firms from airways, accommodations, charities, banks, enterprise capital companies, media retailers and crypto firms together with U.S. and worldwide authorities businesses all owed cash by the fallen trade.

The names of practically 9.7 million (9,693,985) FTX clients with funds caught on the trade have been nevertheless redacted from the doc.

Notable crypto and Web3-related firms owed cash by FTX embody Coinbase, Galaxy Digital, Yuga Labs, Circle, Bittrex, Sky Mavis, Chainalysis, Messari and entities of Binance.

Large Tech gamers Apple, Netflix, Amazon, Meta, Google, LinkedIn, Microsoft and Twitter have been additionally included as collectors. The New York Instances, The Wall Road Journal and CoinDesk have been among the many media retailers talked about.

“Shark Tank” star Kevin O’Leary (proper) pictured with FTX founder Sam Bankman-Fried. O’Leary is a former FTX spokesperson and a manufacturing firm he owns is listed as a creditor. Supply: SALT NY

The tax workplaces of a number of U.S. state businesses and the federal Inside Income Service (IRS) have been listed. Different authorities entities in Japan, Australia and Hong Kong, amongst others, are additionally collectors.

FTX not solely owes massive entities however seemingly smaller companies too, as a Nassau-based pest management enterprise and a backyard heart seem on the record.

The corporate’s prior public relations firm, M Group, appeared as a creditor. FTX employed the agency to characterize them, however the firm stated it ceased work with FTX upon its chapter.

The submitting didn’t embody what every entity was owed and inclusion on the record doesn’t imply it had a buying and selling account with FTX.

Associated: Crypto legal professionals to be in demand as regulatory stress reaches boiling level

Earlier filings made in November by FTX’s legal professionals speculated the trade could have over 1,000,000 collectors.

In a December tell-all Twitter thread, a earlier FTX worker detailed the “moronically inefficient” luxurious expenditures of the enterprise.

Some entities on the record level to the corporate’s prior extreme expenditures, with Uber Eats and Doordash entities from throughout North America and Australia on the record together with Airbnb and the names of a number of luxurious accommodations around the globe.


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