FTX finally exposed its total list of lenders on Jan. 25 however kept the names of nearly 9.6 million users in accordance with a court order.The defunct crypto exchange owes countless financial institutions, including U.S. and worldwide government agencies, law office, banks, media outlets, charitable foundations, marketing firms and more.The creditor matrix brings to light the impact of FTX’s collapse– which has actually spread out far beyond the crypto environment. Global finance and tech firms, including Ant Group, Google, Amazon, Meta, Netflix, LinkedIn and Apple, appear on the list of FTX creditors.Media outlets, including Bloomberg Finance, The Wall Street Journal, Coindesk, Benzinga and Condé Nast are among FTX’s financial institutions. The files, nevertheless, do not expose the amount owed to each creditor.Notable crypto firms The collapse of FTX dealt a heavy blow to the crypto ecosystem, with companies rushing to lessen the effect. The most significant crypto-related firms on FTX’s list of financial institutions include Coinbase, USDC company Circle, Galaxy Digital and Binance Capital Management. The bankrupt company is likewise indebted to crypto exchange AAX, Bitgo Prime and Polygon Network.Notably, FTX owes cash to several crypto companies that filed for bankruptcy before and after its
collapse. These consist of BlockFi and Genesis Global– which filed for insolvency in November 2022– and Voyager Digital, which applied for bankruptcy 4 months before the FTX meltdown.Crypto research and examination firms Chainalysis, TRM Labs and Nansen are also amongst FTX’s creditors.U.S and international government companies In the U.S., FTX owes money to the Departments of Revenue of Minnesota in the north to Texas in the South and from Connecticut in the east to California in the west. The U.S. Secretary of State of California, Colorado, Delaware, Arkansas, Alabama and others likewise appear on the FTX creditors list.The Alabama Securities Commission, Connecticut Department of Banking, Arizona Department of Insurance and Financial Institutions and Arkansas Securities Department are amongst the other U.S. federal government agencies FTX owes money.
The Chicago Mercantile Exchange and the U.S. Commodity Futures Trading Commission(CFTC)are likewise creditors of FTX, according to the filing.The Ministry of Finance of the Bahamas, the Australian Attorney General’s Department, the Cyprus Securities and Exchange Commission, the Abu Dhabi Department of Finance and the Government of the Virgin Islands are amongst a few of the global government companies among FTX creditors. The list also includes Japan Financial Services Agency, Hong Kong’s Monetary Authority, the Securities and Futures Commission, Turkey’s Banking Regulation and Supervision Agency and Gibraltar Financial Services Commission.Prominent banks and financial investment companies FTX owes cash to banks within and outside the U.S. The most noteworthy names consist of Citi Group, Silvergate, Goldman Sachs, JP Morgan Chase, DBS Bank, Bank of Cyprus and the Commercial Bank of Dubai.BlackRock, Sequoia Capital and Pantera Capital are a few of the investment companies noted amongst FTX creditors.Hotels, airline companies and food shipment services FTX spent lavishly on luxury hotel stays and some of these hotels appeared on its financial institutions ‘list. Air Conditioner Hotels by Marriott, Grand Hyatt and Airbnb are amongst FTX’s creditors.Alaska Air, American Airlines, private jet firm Apollo
Jets and British Air are included in the list of FTX creditors.Uber Eats and DoorDash are food shipment services to which FTX owes money.Posted In: Binance
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