May 16, 2024

FTX debt to creditors exceeds $3.1 billion

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FTX debt to creditors exceeds $3.1 billion

According to the bankruptcy filing of the FTX cryptocurrency exchange, the amount of the platform's debt obligations to the 50 largest creditors is$3.1 B

The document does not specify the names of the creditors of the crypto exchange, but it is known that the amount of the largest debt isThe statement also says that the amount of debts to the 10 largest creditors is$1.45 B

"The list of the 50 largest creditors is based on currently available debt information.Clarification and investigation of FTX's debt obligations is ongoing, as it is possible that payments have already been made that are not reflected in the books of creditors," the bankruptcy filing says.

It was previously reported that the total number of lenders on the site, including retail investors, may exceed 1 million people.

At the same time, former FTX CEO SamSam Bankman-Fried considers filing for bankruptcy his “biggest mistake.” He said he followed the advice of lawyers, but if he had not done so, he likely could have saved the company.