The collapsed cryptocurrency exchange FTX has revealed an unredacted list of its creditors. The extensive list, which exceeds 100 pages, demonstrates that FTX owes a substantial amount of money to well-known organizations, such as Binance, Airbnb, Apple, Amazon, Linkedin, Coindesk, and the Wall Street Journal (WSJ), among others. Also included are U.S. government agencies such as the Internal Revenue Service (IRS) and the Financial Crimes Enforcement Network (FinCEN) of the Treasury.
FTX Creditor List Reveals Diverse Companies Owing Money
On January 24, 2023, FTX disclosed the insolvent company’s creditor ledger, which comprises over one hundred pages of names.
On the list of creditors are government agencies from Switzerland, Hong Kong, the United States, and Japan.
In addition, the ledger contains a multitude of well-known companies, such as Alibaba, Allied Sports, Microsoft, Amazon, Meta, Twitter, Google, Blue Bottle Coffee, Bonham Capital, Bitstamp, Bitgo, Infura, Inca Digital, Lightspeed Strategic Partners, Long Watch Security, Mercedes-Benz, Messari, Nomura, and O’Leary Productions. The top 50 FTX creditors are due an estimated $3 billion, according to bankruptcy filings from the previous year.
On the list of FTX’s creditors are U.S. government agencies such as the IRS, FinCEN, and state tax collectors from many states. The list highlights three significant cloud-services-providing airlines, hotels, apartments, NGOs, and software enterprises.
However, the names of about 9.69 million FTX customers are omitted from the creditor ledger.
The list also shows a large number of companies based in The Bahamas, where the FTX inner circle was active.
Banks, Stanford University, Fox News, Coindesk, and the Wall Street Journal are also creditors.
The court document indicates a huge number of creditors are owed money, but this does not indicate that the company or person leveraged the FTX exchange to trade cryptocurrencies.
Reuters was informed by a representative of the Swiss regulatory agency FINMA that it could not comprehend why it was included on the list. The FINMA “was not a customer of FTX and had not transacted on its systems,” according to the spokeswoman. Noele Illien of Reuters also contacted Airbnb for comment, but the firm did not reply.
