▲ Sam Bankman-Fried, Founder of FTX
It has been revealed that a large number of major Korean public institutions and companies are listed on the list of creditors of FTX, the world’s top three virtual currency exchanges, which went bankrupt.
Forbes, an American business magazine, reported on the 26th (local time) that FTX lawyers submitted a 115-page list of creditors to the Delaware bankruptcy court the day before.
According to Yonhap News, the list includes the Ministry of Environment of the Korean government as one of the creditors, Samsung Next, which was launched as an innovative organization by Samsung Electronics, Kim & Chang, the largest law firm in Korea, and accounting and consulting firms EY Hanyoung and Samil PwC That’s it.
However, it has not been confirmed under what background these organizations were listed as creditors and the actual size of their bonds.
Forbes also reported that with the release of this list, American ‘Big Tech’ companies such as Google, Meta, Twitter, Apple, Netflix, LinkedIn, Amazon, and Microsoft have been identified as FTX creditors.
Forbes pointed out, “It goes to show how much people, companies and media owed FTX founder Sam Bankman-Fried before he was sued.”
Forbes speculates that FTX may have had a relationship with these companies at one point during a major publicity campaign through advertising, sponsorships and paid partnerships.
However, Forbes reported that Netflix responded, “We didn’t know we had a business relationship with FTX,” and “I don’t understand why they registered us as creditors.”
Google, Apple and Microsoft declined to comment.
US federal prosecutors previously arrested Bankman-Fried, who filed for FTX bankruptcy, in the Bahamas, extradited him to the US, and charged him on eight counts, including fraud, money laundering, and contributions illegal campaigning.
Bankman-Fried has been accused of siphoning billions of dollars from client funds to pay off the debt of his affiliate, Alameda Research, buying luxury real estate in the Bahamas and providing political funds to politicians, but he denied the charges in court.
(Photo = Getty Image Korea)
