New bankruptcy details reveal names of the creditors to which FTX still owes money after the crypto exchange collapsed in November 2022.
After the collapse of the once powerful data encryption trading center in November last year, the recent bankruptcy records revealed that FTX owed more than 1000 creditors. According to the documents submitted by the FTX consultant to the bankruptcy court, this vanished data encryption kingdom owes various companies money, some of which are Wells Fargo, JPMorgan Chase and Goldman Sachs Group Inc.
As a super heavyweight in the field of creditors
The name of such person was hidden in a 116-page document submitted on Wednesday, in which the creditors of FTX were described. Archives contain thousands of contents. However, this detailed list refers to the super heavyweights from all over Wall Street in the United States. They have some contact with Nick Bankman Freed's data encryption trading center, and even once were equal to Binance.
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The list of creditors also includes commercial service international airlines, such as United Airlines, United Airlines, Southwest Airlines and Spirit International Airlines; Media companies, such as the New York Times and the Wall Street Journal, and some key participants in their high-tech industries, including Netflix, Apple and Metaverse. In addition, the list also includes Barclays Bank, Hang Seng Bank and MUFG financial institutions.
FTX continues to enrich worries
The document does not disclose the total amount of outstanding debts or the characteristics of liabilities, because FTX requires that the names of its creditors, who are usually FTX customers, be hidden from the public view. Although the defendants are listed as creditors, it does not always mean that they have FTX accounts.
In a notice submitted to the bankruptcy court on Thursday, FTX's lawyer said that the list was committed to providing extremely comprehensive services, mainly including the defendant who was likely to appear in the debtor's books and records for various reasons. According to a spokesman of Barclays Bank, the company has no loan risk to FTX, while a spokesman of Goldman Sachs also said:
Goldman Sachs did not make a clear claim against the debtor. This type of creditor drainage matrix is prepared by the debtor to provide notice to the interested parties in the process of bankruptcy proceedings, and is not necessarily evidence of creditor association.
It is said that FTX has more than 1 million yuan of creditors, and the total amount of the top 50 creditors exceeds 3 billion dollars.