1 year ago
Tthe largest unsecured assertion successful the FTX bankruptcy lawsuit amounts to $36.2 cardinal and nary of the apical 50 creditors are considered “insiders.”
The full sum allegedly owed to the apical 50 creditors is astir $114 million.
Given the billions of dollars of lawsuit funds allegedly traded betwixt FTX and Alameda, it is unclear arsenic to wherefore the Creditors database comes successful truthful debased successful comparison. FTX reportedly had implicit 5 cardinal users astatine its highest truthful the apical 50 Creditors marque up lone a portion of the story.
Number 50 connected the database has an unsecured assertion of $220,050; and if determination are billions of dollars to relationship for wrong the bankruptcy probe — which is the lawsuit — past the bulk of victims are similar retail customers that had non-whale balances.
FTX Trading Ltd. and its affiliated companies filed the consolidated lists of their apical 50 creditors for respective debtor companies with the United States Bankruptcy Court for the District of Delaware.
These “Top 50 Lists” see West Realm Shires Inc., Alameda Research LLC, Clifton Bay Investments LLC, and FTX Trading Ltd. The lists are based connected presently disposable creditor information, including lawsuit accusation that is not presently afloat accessible to the Debtors.
The Debtors are moving to get afloat entree to lawsuit information and are continuing to analyse the amounts listed connected the Top 50 Lists.
The names, addresses, and email addresses of the Debtors’ customers person been redacted from the Top 50 Lists owed to an Interim Order granting the Debtors the quality to bash truthful connected an interim basis.
- Exhibit A, the apical 50 largest unsecured claims for West Realm Shires Inc., ranges from $220,050 to $36.18 million.
- Exhibit B, the apical 50 Trade Payable claims for Alameda, includes Bloomberg Finance LP and Amazon Web Services (AWS) with unsecured claims of $80,256 and $4.66 million, respectively.
- Exhibit C, the apical 50 database for Clifton Bay Investments LLC, is empty.
- Exhibit D, the apical 50 largest unsecured claims for FTX Trading Ltd., ranges from $19.85 cardinal to $226.28 million.
Copies of the announcement of the filing of the Top 50 Lists tin beryllium obtained from the Court’s website oregon the website of the Debtors’ claims and noticing agent.
The station Top 50 FTX creditors lone relationship for $114M of unsecured claims retired of billions lost appeared archetypal connected CryptoSlate.
English (US) 