New Filing Reveals Netflix, Binance, Apple, Others Are Among FTX Creditors

New Filing Reveals Netflix, Binance, Apple, Others Are Among FTX Creditors

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A comprehensive list of the creditors of the insolvent FTX exchange has recently been published, and according to the release, FTX does not only owe you some money, Coinbase, Binance, Apple and several other companies and institutions are among the creditors of the bankrupt crypto exchange FTX.

The document was filed by FTX lawyers as part of the proceedings in the bankruptcy court. 

Other creditors include media companies like the Wall Street Journal, Fortune, and Fox Broadcasting, airlines including American Airlines Group (AAL), Spirit Airlines (SAVE) and Southwest Airlines (LUV) are listed, charities, university where Sam Bankman-Fried parent works as a professor (Stanford University), the university’s credit union and several other companies are also included. 

However, the filing didn’t reveal how much FTX is owing each of the creditors listed, the FTX had at a time revealed that it is owing about $3.1 billion to its top 50 creditors.

Meanwhile, the former CEO of the bankrupt crypto exchange Sam Bankman-Fried is yet to plead guilty to the fraud charges against him by the New York regulators. 

The collapse of the FTX exchange came when the crypto firms globally are struggling to keep their business afloat due to the prolonged crypto winter, its collapse in November led to further collapse of the crypto market, although, the market seems to be recovering since setting foot into 2023.

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