FTX Collapse: 50 Creditors Seeking $3 Billion

Published by
The Street

By Ellen Chang The top 10 creditors of bankrupt FTX said they are owed $1.45 billion. Bankrupt cryptocurrency exchange FTX said its top 50 creditors are seeking $3 billion in claims. The insolvent company released the amount of the claims of each of the top creditors, but did not name them or disclose any information about their headquarters, according to a Nov. 19 filing with the U.S. Bankruptcy Court for the District of Delaware. The exchange founded by former billionaire Sam Bankman-Fried owes about $1.45 billion to its top 10 creditors. The bankruptcy attorneys from Landis Rath & Cobb and …

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