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FTX Creditors List Includes Netflix, Coinbase, Binance, Apple, and More!

The FTX creditor list excludes information about individual customers and the monetary amounts that each company in the creditor list is owed.

Written By Vismaya V
Published January 26, 2023 12:00 PM
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FTX Creditors List Includes Netflix, Coinbase, Binance, Apple, and More!

Bankrupt crypto exchange FTX releases its creditors list which includes giants like Netflix, Coinbase, Binance, and Apple, along with governments, charities, media companies, small businesses, etc.  

FTX attorneys filed the lengthy 115-page creditor list at the United States Bankruptcy Court where each creditor’s name is listed in alphabetical order.

The FTX creditor list excludes information about over 9.7 million individual customers as well as the monetary amounts that each company in the creditor list is owed.

The list comprises tech giants like Apple, Netflix, Amazon, Meta, Google, LinkedIn, Microsoft, Reddit, and Twitter along with big media outlets like New York Times, The Wall Street Journal, and CoinDesk.

Banks such as Silvergate Bank, CitiGroup, and Wells Fargo, as well as venture capital firms like Blackrock and Sequoia Capital, are also listed in the document. The creditor list doesn’t imply that each of these companies operated a trading account in FTX.

FTX creditors include the Internal Revenue Service (IRS), tax divisions of U.S. state agencies, the Bahamas Ministry of Finance, as well as government entities in Hong Kong, Australia, and Japan.

Crypto firms such as Galaxy Digital, Coinbase, Yuga Labs, Circle, Bittrex, Chainalysis, Sky Mavis, Doodles, Messari, Binance Capital Management, etc. were also included in the list.

In November 2022, it was revealed that FTX owes over $3 Billion to its top 50 creditors with the 10 largest creditors of FTX alone having unsecured claims totaling more than $100 million each and more than $1.45 billion overall.

Recently, the Feds seized assets worth roughly $700 million that belonged to the FTX and its founder Sam Bankman-Fried aka SBF. Three accounts maintained by FTX at Binance and Binance US are also listed in the court filings, but the asset value is not specified. 

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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