Ten creditors have claims of $100 million or more, Bloomberg said. The information comes from a mandatory document of the bankrupt company, which lists the fifty largest creditors. That list is published online as a pdf document. The names of the creditors are not on it; the claims are anonymised.
All 50 creditors have filed claims of $21 million or more, bringing the total to $3.1 billion. In total, the cryptocurrency exchange could have more than a million creditors. This is because customers, including Belgians, have lost their crypto currency due to the bankruptcy.
Crypto exchange FTX ran into problems earlier this month when it turned out that the exchange was linked to Alameda Research, as a result of which the company turned out to have less liquid assets than previously thought. That became a particular problem when the CEO of Binance, FTX’s biggest competitor, sold his FTT tokens. FTT is the currency of FTX itself. That sale sparked a bank run, with users selling their tokens and the value plummeting.
FTX filed for a deferment of payment earlier this week, with the company under the supervision of a bankruptcy judge investigating how stakeholders can get as much money back as possible. The company must develop a restructuring plan. Bankman-Fried stepped down as CEO on Friday. US market regulator SEC is investigating the situation at FTX. Binance was initially going to take over FTX, but later refrained from doing so.