Complete List of FTX Creditors Released: Details
- A 115-page long document listed all the creditors of FTX which included big tech players, local businesses in the Bahamas, airlines, charities, and media firms.
- The names of nearly 9.7 million (9,693,985) customers who had their funds stuck on the platform were removed from the document.
- Coinbase, Galaxy Digital, Yuga Labs, Circle, Bittrex, Sky Mavis, Chainalysis, Messari, and entities of Binance are owed by the exchange.
- The exchange’s former public relations company, M Group, was also present as a creditor on the document.
The collapse of a former multi-billion dollar crypto exchange, FTX, has affected more companies than previously imagined. Under the leadership of Sam Bankman-Fried, also known as SBF, the investors in his company believed the exchange to be completely liquid, but behind the scenes, the relationship between Alameda Research and SBF’s exchange caused one of the worst collapses in the history of global finance.
In a 115-page long document, all the creditors of the now-bankrupt crypto exchange were listed. The exchange owes substantial sums of money to big tech players, local businesses situated in its Bahamian headquarters, airlines, charities, and media firms. It is clear that many major players from all sectors of the world have fallen prey to SBF’s alleged fraud.
FTX lawyers filed their creditor matrix with the United States Bankruptcy Court for the District of Delaware on January 25. All the creditors of the exchange were listed in alphabetical order, confirming that major media and tech firms, along with crypto companies and US and international government agencies, had exposure to the exchange.
The names of nearly 9.7 million (9,693,985) FTX customers who had their funds stuck on the platform were removed from the 115-page long document because “they may be at risk if their name and information is disclosed,” said Judge John Dorsey. Therefore, the judge remains “reluctant at this point” to disclose the information belonging to the customers.
FTX lawyers have argued that “disclosure of the information would create an undue risk of identity theft or unlawful injury to the individual or the individual’s property.”
The notable crypto and Web3-related companies that are currently owed money by FTX include Coinbase, Galaxy Digital, Yuga Labs, Circle, Bittrex, Sky Mavis, Chainalysis, Messari, and entities of Binance. On the other hand, the biggest technological companies that had exposure to the exchange were Apple, Netflix, Amazon, Meta, Google, LinkedIn, Microsoft, and Twitter.
Media outlets that are owed money by FTX include the New York Times, the Wall Street Journal, and CoinDesk. Moreover, the tax offices of many US state agencies, along with the federal Internal Revenue Service (IRS), were also listed as creditors in the document. The exchange also owes money to government agencies in Japan, Australia, and Hong Kong.
It is crucial to note that along with these large firms and tech players, FTX also owes money to smaller businesses. A pest control business based in the capital and largest city of the Bahamas and a garden center also appear in the document as creditors. Moreover, the exchange’s former public relations company, M Group, was also present as a creditor.
Moreover, the filing also stated that the firms that are listed on the document don’t necessarily have an account with the exchange.
Interestingly, the debtors of the company recently identified $5.5 billion in digital assets and want to sell these assets to get a fraction of their investments. Investor and entrepreneur Mike Novogratz stated that he would like to punch SBF for his actions.