Sam Bankman-Fraud’s Fried’s FTX, owes $3.1 billion to its five largest creditors, according to documents from the cryptocurrency investment fund’s bankruptcy filing published by Bloomberg.
- Advertisement -
5% off fees when you sign up
Binance
Ad
Altseason Is Loading.
Don't watch from the sidelines.
SOL
$90.51
DOGE
$0.0963
LINK
$9.02
SUI
$1.00
Start Trading
Among them, FTX owes $200 million to two of its creditors.
As the publication reports, the amounts owed to these creditors (who are not named) range from $21 million to $226 million.
FTX and its subsidiaries filed for bankruptcy in Delaware on November 11 in one of the most high-profile setbacks in the crypto market, leaving about 1 million customers and other investors facing total losses of billions of dollars.
The cryptocurrency exchange said it has launched a strategic review of its global assets and is preparing to sell or t
- Advertisement -
Previous Articles:
- WSJ: At Least $300 Million Pocketed by Sam Bankman-Fried
- How much MicroStrategy is at risk from the fall of Bitcoin’s price?
- Grayscale refuses to test reserve despite ecosystem pressure
- Vitalik Buterin proposes a method to make reserve testing more reliable
- 8 ways to earn passive income with crypto in 2022
- Advertisement -
