FTX owes more than $3 billion to its creditors

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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.

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

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