November, ftx, a cryptocurrency exchange, collapsed following a bank run and subsequent liquidity crunch. the founder of ftx, sam bankman-fried, was arrested and charged with eight financial crimes. there were estimated to be over 1 million creditors, with the top 50 creditors owed $3.1 billion. the expansive creditor list filing was approved by judge john dorsey in delaware, and included tech companies such as apple and wework, media publications like the wall street journal and coindesk, and several digital asset companies. banks such as citigroup, wells fargo, and silvergate bank were also mentioned in the creditor matrix.
Collapse of ftx happened in november, and the creditor list filing was approved by judge john dorsey in delaware. the filing included numerous corporate creditors, such as cvs, netflix, and comcast, as well as twelve creditors with doordash in their name. departments of revenue from states across the u.s. were also listed in the matrix. former enron liquidator john j ray has been overseeing the restructuring of the company.
Bank run and subsequent liquidity crunch caused ftx to collapse. the founder, sam bankman-fried, was arrested and charged with eight financial crimes. companies that had invested in the now-bankrupt venture, such as blackrock and sequoia capital, were also included in the matrix. reddit was also mentioned as a creditor. the expansive creditor list filing was approved by judge john dorsey in delaware, and included numerous corporate creditors, tech companies, media publications, digital asset companies, and banks.
https://decrypt.co/120029/ftx-creditors-apple-netflix-coinbase-court-documents-reveal
