{"id":170126,"date":"2023-01-26T05:25:42","date_gmt":"2023-01-26T05:25:42","guid":{"rendered":"https:\/\/precoinnews.com\/?p=170126"},"modified":"2023-01-26T05:25:42","modified_gmt":"2023-01-26T05:25:42","slug":"ftx-creditor-list-shows-airlines-charities-and-tech-firms-caught-in-collapse","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/ftx-creditor-list-shows-airlines-charities-and-tech-firms-caught-in-collapse\/","title":{"rendered":"FTX creditor list shows airlines, charities and tech firms caught in collapse"},"content":{"rendered":"

A complete list of the creditors owed money by the bankrupt cryptocurrency exchange FTX has been released, revealing a myriad of companies and government entities wrapped up in its collapse. <\/p>\n

Late on Jan. 25, lawyers for FTX filed its creditor matrix to the United States Bankruptcy Court for the District of Delaware. The massive 115-page document details the names of its creditors in alphabetical order.<\/p>\n

The list reveals the sprawling global web of companies from airlines, hotels, charities, banks, venture capital firms, media outlets and crypto companies along with U.S. and international government agencies all owed money by the fallen exchange.<\/p>\n

The names of nearly 9.7 million (9,693,985) FTX customers with funds stuck on the exchange were however redacted from the document.<\/p>\n

Notable crypto and Web3-related companies owed money by FTX include Coinbase, Galaxy Digital, Yuga Labs, Circle, Bittrex, Sky Mavis, Chainalysis, Messari and entities of Binance.<\/p>\n

Big Tech players Apple, Netflix, Amazon, Meta, Google, LinkedIn, Microsoft and Twitter were also included as creditors. The New York Times, Wall Street Journal and CoinDesk were among the media outlets counted.<\/p>\n

<\/p>\n

The tax offices of multiple U.S. state agencies and the federal Internal Revenue Service (IRS) were listed. Other government entities in Japan, Australia and Hong Kong, among others, are also creditors.<\/p>\n

FTX not only owes large entities but seemingly smaller businesses too, as a Nassau-based pest control business and a garden center appear on the list.<\/p>\n

The company\u2019s prior public relations company, M Group, appeared as a creditor. FTX hired the firm to represent them, but the company said it ceased work with FTX upon its bankruptcy.<\/p>\n

The filing didn\u2019t include what each entity was owed and inclusion on the list does not mean it had a trading account with FTX.<\/p>\n

Related: <\/em><\/strong>Crypto lawyers to be in demand as regulatory pressure reaches boiling point<\/em><\/strong><\/p>\n

Earlier filings made in November by FTX\u2019s lawyers speculated the exchange may have over a million creditors.<\/p>\n

In a December tell-all Twitter thread, a previous FTX employee detailed the \u201cmoronically inefficient\u201d luxury expenditures of the business.<\/p>\n

Some entities on the list point to the company\u2019s prior excessive expenditures, with Uber Eats and Doordash entities from all over North America and Australia on the list along with Airbnb and the names of multiple luxury hotels around the world.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A complete list of the creditors owed<\/p>\n","protected":false},"author":3,"featured_media":170125,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nFTX creditor list shows airlines, charities and tech firms caught in collapse - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/ftx-creditor-list-shows-airlines-charities-and-tech-firms-caught-in-collapse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTX creditor list shows airlines, charities and tech firms caught in collapse - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"A complete list of the creditors owed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/ftx-creditor-list-shows-airlines-charities-and-tech-firms-caught-in-collapse\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-26T05:25:42+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/01\/FTX-creditor-list-shows-airlines-charities-and-tech-firms-caught-in-collapse.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ftx-creditor-list-shows-airlines-charities-and-tech-firms-caught-in-collapse\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/ftx-creditor-list-shows-airlines-charities-and-tech-firms-caught-in-collapse\/\",\"name\":\"FTX creditor list shows airlines, charities and tech firms caught in collapse - 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