filing for bankruptcy FTXIt owes approximately $3.1 billion to its 50 largest creditors.
FTX, which went bankrupt a short time ago, continues to be the dark cloud of the industry. In the process leading up to bankruptcy, the losses caused by the stock market, which has already brought many problems with it, are growing. It was stated that 100 thousand people who were reported to be creditors could reach 1 million. Considering that it owes $3 billion to its biggest creditors, the swamp FTX is in is quite deep.
Over $3 Billion Owes FTX’s Largest Creditors
Cryptocurrency exchange FTX, which has filed for bankruptcy in the US, said it owed nearly $3.1 billion to its 50 largest creditors.
FTX filed for bankruptcy on November 11 in Delaware in one of the most high-profile crypto crises. Thus, it faced an estimated 1 million customers and other investors in total losses of billions of dollars.
The exchange said in a court filing Saturday, anonymously, that it owed approximately $1.45 billion to its top ten creditors. Announcing that it owes $3.1 billion to the 50 largest creditors, the exchange also stated that it has started a strategic review of its global assets and is preparing for the sale or reorganization of some businesses.
