FTX Publishes Creditor List, Owes Millions to Well-Known Institutions and Government Agencies

The now-defunct crypto speech FTX has published its database of creditors, with the names unredacted. The broad list, which is implicit 100 pages long, shows that FTX owes a batch of wealth to well-known institutions, including Binance, Airbnb, Apple, Amazon, Linkedin, Coindesk, the Wall Street Journal (WSJ), and more. U.S. authorities entities, specified arsenic the Internal Revenue Service (IRS) and the Treasury’s Financial Crimes Enforcement Network (FinCEN), are besides included.

FTX Creditor List Reveals Wide Range of Businesses Owed Money

On Jan. 24, 2023, FTX published the bankrupt firm’s creditor ledger, which contains much than 100 pages of names. The creditors’ database includes authorities agencies from Switzerland, Hong Kong, the U.S., and Japan. In addition, the ledger features a myriad of well-known businesses, including Alibaba, Allied Sports, Microsoft, Amazon, Meta, Twitter, Google, Blue Bottle Coffee, Bonham Capital, Bitstamp, Bitgo, Infura, Inca Digital, Lightspeed Strategic Partners, Long Watch Security, Mercedes-Benz, Messari, Nomura, and O’Leary Productions. Bankruptcy documents filed past twelvemonth bespeak that the apical 50 FTX creditors are owed an estimated $3 billion.

The FTX creditors’ database includes U.S. authorities agencies, specified arsenic the IRS, FinCEN, and assorted authorities taxation collectors from a fig of antithetic states. The database showcases 3 large airlines, hotels, apartments, nonprofits, and bundle companies that supply unreality services. However, astir 9.69 cardinal FTX lawsuit names are redacted from the creditor ledger. The database besides highlights a large woody of businesses stemming from The Bahamas, wherever the FTX interior ellipse operated. Creditors further see banks, Stanford University, Fox News, Coindesk, and the Wall Street Journal.

The tribunal filing shows monies owed to a ample fig of creditors, but it does not mean the entity oregon idiosyncratic leveraged the FTX speech to commercialized crypto. For instance, a spokesperson from the Swiss regulatory entity FINMA told Reuters that it did not recognize wherefore it was connected the list. FINMA “was not a lawsuit of FTX and had not acted connected its platforms,” the spokesperson told the quality outlet. Reuters newsman Noele Illien besides reached retired to Airbnb for comment, but the institution did not respond.

What are your thoughts connected the creditor database released by FTX and the grade of the debts owed to well-known institutions and authorities agencies? Share your comments below.

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