The prime minister of the Bahamas was also listed. FTX owes creditors $3.1 billion, court documents show, FTX-Trading-Top-50-Creditors-List-REDACTED, FTX-Trading-Ltd.-Bankruptcy-DOCKET-Internal-CM_ECF-Live-Database, FTX-Trading-Ltd.-List-of-Debtors-in-Possession-in-U.S.-Chapter-11-Proceedings, FTX-Trading-Ltd.-Pending-Bankruptcy-Cases-Filed-by-the-Debtor-and-Affiliates-of-the-Debtor, Related-FTX-Cases-Filed-Internal-CM_ECF-Live-Database. ..Yes, the names of the CREDITORS have been redacted. None of the names of the creditors are included in the list, in line with a request by FTX to shield its clients identity for reasons of business competitiveness. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. ZURICH/LONDON, Jan 26 (Reuters) - FTX has objected to a U.S. Department of Justice request for an independent investigation into the once-prominent crypto exchange's collapse, saying it is already conducting a wide-ranging probe that includes family members of FTX founder Sam Bankman-Fried. Every member of Sams family had some involvement in FTX and they arent responding to requests for documents. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. He has worked at Reuters since 2014, with a previous posting to Tokyo where he uncovered abuses in Japans immigration system and won a joint Overseas Press Club award for reporting on the tobacco giant Philip Morris. All Rights Reserved. He contacted Witness-1, the current General Counsel of FTX US (Ryne Miller) to work out a story with. A list of the top 50 creditors of the FTX group of companies has been filed with the bankruptcy court, and the sum total amounts to $3.1 billion. Get all the top stories from Crypto Bulls Club to keep track. However, the poor record-keeping by FTX means that new CEO John Ray cannot be absolutely sure that the top 50 list is accurate. Custodia is a special purpose depository institution, chartered by the state of Wyoming, which does not have federal deposit insurance. According to the records, millions are still owing to companies like Bankhaus Scheich Wertpapierspezialist AG, Blockchainfonds II GmbH & Co. K. The Kroll documents also contain a list of 102 debtors, including many companies linked to Alameda Research and FTX, who have filed for Chapter 11 bankruptcy protection and requested joint administration of the relevant case. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices The document was filed by lawyers for FTX as part of the Chapter 11 bankruptcy . Barbara founded a political action committee called Mind the Gap, which received donations from FTX. They argue an examiner would duplicate work thats already underway by FTX, the UCC, law enforcement, and regulators. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. FTX creditors include Goldman Sachs, New York Times and Netflix | CNN Business Markets DOW 33,926.74 0.63% S&P 500 4,378.41 1.15% NASDAQ 13,555.67 1.65% Fear & Greed Index 72 Latest Market. The Kroll documents also contain a list of 102 debtors, including many companies linked to Alameda Research and FTX, who have filed for Chapter 11 bankruptcy protection and requested joint administration of the relevant case.. But this was enough for the government to ask Judge Lewis Kaplan to modify Sams bail: [DOJ letter to judge, PDF], Specifically, the Government respectfully requests that the Court impose the following conditions: (1) the defendant shall not contact or communicate with current or former employees of FTX or Alameda (other than immediate family members) except in the presence of counsel, unless the Government or Court exempts an individual from this no-contact rule; and (2) the defendant shall not use any encrypted or ephemeral call or messaging application, including but not limited to Signal., SBFs lawyers responded by pounding the table. The names of nearly 9.7 million (9,693,985) FTX customers who had their funds stuck on the platform were removed from the 115-page long document because they may be at risk if their name and information is disclosed, said Judge John Dorsey. Anyway. Oh no! c/o Kroll Restructuring Administration LLC. He recruited its first lawyers and joined FTX staff in meetings on Capitol Hill. [{"url":"https:\/\/cryptonews.com\/news\/best-crypto-to-buy.htm","name":"Best Crypto to Buy Now","children":[]}], FTX Latest Crypto Prices Fall as Filings Show Top 50 Creditors Are Owed $3.1 Billion, 2 Owed More than $200 Million Each, exclusive interview with CEO Nicolas Louvet. Read about our full privacy policy here: Privacy Policy. In a separate motion filed on Monday, lawyers for the company asked to consolidate dozens of bankruptcy cases for FTX-associated companies. But he added, That said, many in the Ethereum community also see the situation as a validation of things they believed in all along: centralized anything is by default suspect.. The SEC and the Justice Department are now circling as some have accused SBF of mishandling FTX customer funds. Last week Genesis halted withdrawals from its Genesis Earn yield bearing product. In the January 23 hearing, Ross Kwasteniet of Kirkland & Ellis, speaking for Celsius, said the bids have not been compelling.. FTX Creditors | PDF | Bankruptcy | Companies - Scribd You should do your own research before investing in any company or product. The list, which comprises of some major names including U.S. government agencies, media outlets, banks, charitable foundations, law firms, marketing agencies and even international government agencies, highlights the far-reaching effects of FTXs bankruptcy. However, some names can be mentioned as JPMorgan Chase Bank, Circle, Bank of America, Meta, or individuals like Kevin OLeary and Tom Brady. [SFGate], Celsius has rejected the Binance US bid for Celsius assets, and four other bids. However, Goldman has not filed a claim against the debtors, a spokesperson for the investment bank told Insider, adding that the creditor matrix is "not necessarily evidence of a creditor relationship.". About 330 employees will be let go from the firm, which has offices in Africa, Asia, and Europe. John Ray III, the new chief exec of FTX, said he's looking into potentially resuming the exchange's operations during its bankruptcy process. Many on the . FTX filed for Chapter 11 . Thank for ALL that you are and do . FTX's 116-Page Creditor List Includes Netflix and Apple - PYMNTS.com All rights reserved. Venture capitalists bet big on crypto, Analysis: New Humira rivals likely to hit US market with small discounts in July, Exclusive: China's Shein files for U.S. IPO, sources say, Deutsche Bank human resources head Ilgner to leave bank, Credit Suisse appoints investment banking management committee, Toyota chairman's compensation rises 46% to $7 million. (pty)(1 case) 22-11074-JTDFTX Japan Holdings K.K.1111/11/22DebtorN / AFTX Japan K.K. (pty)(1 case) 22-11102-JTDFTX Japan K.K.1111/11/22DebtorN / AFTX Japan Services KK (pty)(1 case) 22-11103-JTDFTX Japan Services KK1111/11/22DebtorN / AFTX Lend Inc. (pty)(1 case) 22-11167-JTDFTX Lend Inc.1111/11/22DebtorN / AFTX Marketplace, Inc. (pty)(1 case) 22-11168-JTDFTX Marketplace, Inc.1111/11/22DebtorN / AFTX Products (Singapore) Pte Ltd (pty)(1 case) 22-11119-JTDFTX Products (Singapore) Pte Ltd1111/11/22DebtorN / AFTX Property Holdings Ltd (pty)(1 case) 22-11076-JTDFTX Property Holdings Ltd1111/11/22DebtorN / AFTX Services Solutions Ltd. (pty)(1 case) 22-11120-JTDFTX Services Solutions Ltd.1111/11/22DebtorN / AFTX Structured Products AG (pty)(1 case) 22-11122-JTDFTX Structured Products AG1111/11/22DebtorN / AFTX Switzerland GmbH (pty)(1 case) 22-11169-JTDFTX Switzerland GmbH1111/11/22DebtorN / AFTX TURKEY TEKNOLOJI VE TICARET ANONIM SIRKET (pty)(1 case) 22-11170-JTDFTX TURKEY TEKNOLOJI VE TICARET ANONIM SIRKET1111/11/22DebtorN / AFTX Trading GmbH (pty)(1 case) 22-11123-JTDFTX Trading GmbH1111/11/22DebtorN / AFTX Trading Ltd. (pty)(1 case) 22-11068-JTDFTX Trading Ltd.1111/11/22DebtorN / AFTX US (pty)(1 case) 22-11071-JTDWest Realm Shires Services Inc.1111/11/22DebtorN / AFTX US Services, Inc. (pty)(1 case) 22-11171-JTDFTX US Services, Inc.1111/11/22DebtorN / AFTX US Trading, Inc. (pty)(1 case) 22-11149-JTDFTX US Trading, Inc.1111/11/22DebtorN / AFTX Ventures Ltd. (pty)(1 case) 22-11172-JTDFTX Ventures Ltd.1111/11/22DebtorN / AFTX Zuma Ltd (pty)(1 case) 22-11124-JTDFTX Zuma Ltd1111/11/22DebtorN / A. See here for a complete list of exchanges and delays. FTX Owes Its 50 Biggest Unsecured Creditors More Than $3 Billion FTX owes money to a lot of companies. The once $32 billion crypto empire could owe money to local drug store Pharma Choice, along with pest exterminator A+ Pest Control, and commercial waste management service Bahama's Waste. FTX creditors include Goldman Sachs, New York Times and Netflix - CNN FTX Creditors List: Here is a Complete List of Who FTX Owes Money to 65. The initial filing of the top 50 unsecured creditors did not reveal the identities of the creditors. Dorsey in January allowed FTX to keep secret the names of 9 million of its individual customers for three months. ), Would it surprise you to learn that FTX made political donations to George Santos? The creditors' list includes government agencies from Switzerland, Hong Kong, the U.S., and Japan. Your email address will not be published. List Of Organizations And Individuals That Are Creditors Of FTX In total, the unsecured claims amount to $3.1 billion. Your email address will not be published. FTX.com), and its affiliated debtors . Please DYOR before investing. Or, in upper crust fashion, cut all manner of Reasonable side deals with favored Serious Professional parties, who will skim as much as they can (e.g. Email us: [emailprotected]. LedgerPrime Digital Asset Opportunities Fund, LLC, 107. 2023 Fortune Media IP Limited. FTX lawyers filed their creditor matrix with the United States Bankruptcy Court for the District of Delaware on January 25. Your email address will not be published. If by hand delivery, or overnight courier: FTX Trading Ltd. Claims Processing Center. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Bankruptcy documents filed last year indicate that the top 50 FTX creditors . In the notice filed with the court it states; the Top 50 List is based on the Debtors currently available creditor information, including customer information that was able to be viewed but is not otherwise accessible at this time. Please enter your username or email address to reset your password. Sam Bankman-Frieds bankrupt crypto empire owes its 50 biggest unsecured creditors a total of $3.1 billion, new court papers show, with a pair of customers owed more than $200 million each. FTX TRADING LTD., et al.,1 Debtors. Note that Gmail, Yahoo, and AOL will block most emails to you. XRP Price Prediction as Bulls Keep XRP Above $0.48 Support Where is XRP Heading Next? DCG is the largest conglomerate in crypto and owns news site Coindesk as well as having investments in as many as 200 companies, according to some estimates. Neither designation guarantees customers will get their money back soon, if at all. That's not $659mn, please note. Todays filing uncovers the first concrete details relating to the shape of FTX companies liabilities, which are thought to amount to around $10 billion. Fair Use is relied upon. Zilliqa Planned Upgrade On July 5 Deposits And Withdrawals Will Be Stopped. A mostly-unredacted list of FTX creditors is now available. Joseph advised FTX. [Doc 579, PDF; Bloomberg]. All information mentioned in our website is for informational and educational purposes only. SNG INVESTMENTS YATIRIM VE DANIMANLIK ANONM RKET. FTX creditors list includes more than 50 Hong Kong institutions - MSN