FTX creditors’ list includes Apple, Twitter, Amazon, and other large companies

In addition to private organizations, government agencies from the United States, Japan, Australia, and Hong Kong are among the creditors

26.01.2023 - 13:00

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2 min

What’s new? On January 25, lawyers for the bankruptcrypto exchange FTX sent a full list of creditors to the court. The 115-page document shows all of the organizations FTX owes money to, from large tech companies to local businesses in the Bahamas near the exchange’s headquarters. In this, the specific loan amounts are not listed.

FTX’s documentation

Who does FTX owe money to? The list of well-known lenders associated with cryptocurrencies and Web 3.0 includes Coinbase, Bittrex, and Binance exchanges, investment firm Galaxy Digital, Yuga Labs, an NFT collection developer, Circle, the USDT issuer, gaming studio Sky Mavis, software developer Chainalysis and analytics platform Messari.

Tech companies included Apple, Netflix, Amazon, Meta, Google, LinkedIn, Microsoft, and Twitter. In addition, among the creditors are major media and media holdings: the New York Times, The Wall Street Journal, and CoinDesk. Financial institutions on the list include the largest investment company Blackrock, venture capital fund Sequoia Capital and conglomerate CitiGroup.

In addition to private companies, the list includes the Internal Revenue Service (IRS), as well as government agencies in Japan, Australia, and Hong Kong. In this, the document removed the names of 9,69 million customers of FTX.

In early January, it became known that former executives of FTX spent $40 million on food, hotels, and airline tickets in just nine months. Earlier they were found to have $121 million worth of real estate in the Bahamas. On January 17, FTX announced that $415 million in digital assets had been stolen from its accounts. The total amount of assets identified for recovery is ~5,5 billion.

CoinDesk found out that 196 members of the US Congress (one in three) received donations from FTX leadership. 73% of them declined to comment on the situation.

Despite the fact that former FTX executives are under investigation, new CEO John J. Ray created a working group to explore options to relaunch the platform.

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