Submit list of creditors to US court… name not disclosed
The virtual currency exchange FTX, which filed for bankruptcy protection in the US court, was found to owe more than 4.1 trillion won to its top 50 creditors.
According to the list of creditors filed by FTX with the Delaware bankruptcy court on the 20th (local time), the debt owed to the top 50 unsecured creditors amounted to $3.1 billion (about 4.16 trillion won) .
FTX’s debt to the top creditor was $226 million (about 303.5 billion won), and the debt to the top 10 was $1.45 billion (about 1.9 trillion won).
FTX did not disclose the names of its creditors in its court filing.
Bloomberg reported that 50 of the top creditors were individual or institutional customers caught up in the FTX insolvency crisis.
When FTX filed for bankruptcy protection on the 11th, it suggested the number of creditors as 100,000, but three days later, FTX lawyers reported to the court that the number of creditors could be more than 1 million.
FTX, which is monitoring its debt status, is also preparing to sell or reorganize some businesses by evaluating global assets.
FTX’s new CEO, restructuring specialist John J. Ray III, said in a statement the previous day that “a review over the past week has shown that several subsidiaries inside and outside the United States have solvency on their balance sheets and that they have valuable franchises.” I’m glad to know the truth,” he said.
/happy news
