Crypto Exchange FTX Files a 115-Page Creditor Matrix

Among other entities FTX owes money to, a hefty 115-page FTX creditor list includes The Wall Street Journal, Circle, Apple, Netflix, and Coinbase.

FTX, a now-bankrupt cryptocurrency exchange established in 2019, has shared a complete list of creditors it owes money.

The creditor matrix filed on January 25th to the United States Bankruptcy Court for the District of Delaware contains 115 pages of FTX’s creditor names, laid out in alphabetical order.

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It is worth noting that not all investors’ information was revealed in the creditor matrix. It is estimated that the names of around 9.7 million (9,693,985) creditors were redacted from the report.

The list includes charities, venture capital firms, hotels, airlines, media outlets, banks, crypto-related firms, and even US and international government agencies.

The creditor list revealed that now-bankrupt crypto exchange FTX owes money to several Web3 and crypto-related companies, including Circle, Chainalysis, Galaxy Digital, Yuga Labs, Coinbase, Bittrex, Messari, and entities tied to crypto exchange Binance.

Moreover, the creditor matrix also includes Big Tech players, such as Amazon, Apple, Meta, Google, Microsoft, Twitter, LinkedIn, and Netflix.

It appears that several media outlets were also affected by FTX’s collapse, as the creditor list includes The Wall Street Journal, CoinDesk, and The New York Times.

A number of government entities in the United States, Japan, Hong Kong, and Australia were listed among FTX creditors. On top of that, the filing also named the federal US Internal Revenue Service (IRS) as one of the entities FTX owes money.

Sam Bankman-Fried’s FTX also had several smaller creditors, including a Nassau-based garden center and pest control company.

It is worth highlighting that despite listing the names of its creditors, FTX did not disclose what FTX owes to each creditor.

In other FTX-related news, a newly appointed FTX CEO, John Ray III, is reportedly exploring ways to restart operations of FTX’s main international exchange, FTX.com.

by Gile K. – Crypto Analyst, BitDegree

SOURCE: COIN JOURNAL



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