Collapsed FTX owes nearly $3.1 billion to top 50 creditors

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Court filing show cryptocurrency exchange owes about $1.45 billion to its top ten creditors

exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion.

The exchange owes about $1.45 billion to its top ten creditors, it said in a court filing on Saturday, without naming them.in Delaware on Nov. 11 in one of the highest-profile crypto blowups, leaving an estimated 1 million customers and other investors facing total losses in the billions of dollars. The crypto exchange said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganization of some businesses. A hearing on FTX’s so-called first-day motions is set for Tuesday morning before a U.S. bankruptcy judge, according to a separate court filing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

globebusiness who are the creditors?

Meanwhile in Canada Justin told us we could all get rich because he made marijuana legal

Check Ukraine where they were laundering the money threw for the democrats

They are so screwed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines