According to court filings, bankrupt cryptocurrency exchange FTX owed nearly $3.1 billion to its 50 largest creditors.
The company, which filed for bankruptcy in the United States last week, said it owed regarding $1.45 billion to its top 10 creditors, but did not disclose their names.
The collapse of the world’s second largest cryptocurrency exchange has shaken confidence in the already struggling cryptocurrency market.
FTX’s bankruptcy filing revealed it might owe more than 1 million people and businesses.
On the 19th, FTX said it had begun reviewing its global assets and was preparing to sell or restructure some businesses.
A court hearing before a US bankruptcy judge is scheduled for the 22nd.
Last week, FTX’s new CEO, John Ray, commented on how the failed cryptocurrency exchange was operating, saying “I’ve never seen corporate control fail so utterly.”
Ray criticized the “complete absence of reliable financial information”.
/ Fortune Korea Reporter Kim Sang-do [email protected]
