• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

FTX has taken on $three.one billion in bonds owed to the 50 greatest creditors

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Coin68 Weekly Magazine (November 20 - November 26): Shocking $4.3 Billion Fine for Binance

Coinlive Weekly Magazine (November twenty – November 26): Shocking $four.three Billion Fine for Binance

November 26, 2023
Binance “surrendered” by paying a fine of $4.3 billion

Binance “surrendered” by paying out a fine of $four.three billion

November 21, 2023

According to the most up-to-date updates, the FTX exchange is presently owed far more than $three billion to the top rated 50 greatest creditors of this enterprise.

FTX has taken on $3.1 billion in bonds owed to the 50 largest creditors
FTX has taken on $three.one billion in bonds owed to the 50 greatest creditors

Information from the Chapter eleven bankruptcy filing (launched Saturday) demonstrates that FTX is owed to quite a few distinct entities. In which, the greatest lending unit is lending $225 million to FTX. According to the profile over, the top rated ten greatest lenders have a complete loan worth of up to $one.45 billion. In complete, $three.one billion is the sum of debt FTX is carrying.

A listing of the 50 greatest creditors is published in the Chapter eleven or Chapter 9 bankruptcy filing. The filing factors out that the distinct quantity will be examined in far more detail in the close to long term.

>> See far more: FTX Announces Restructuring and Bankruptcy Plan

“The list of the 50 largest creditors includes customer information that has not been disclosed at this time. A thorough investigation of the list of creditors will continue to find out the exact number, including how payments have been made but not yet recorded in the books.” – According to the company’s bankruptcy file.

Previously, a filing stated that the enterprise may well have far more than one million creditors. FTX filed for Chapter eleven bankruptcy about two weeks in the past, with assets and liabilities amongst $ten million and $50 million, along with a hundred,000 present creditors. A Financial Times report stated the enterprise had just $900 million in liquid assets, although complete liabilities amounted to $eight.9 billion.

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: billionbondsCreditorsFTXlargestowed
Share76Tweet47

Related Posts

Federal Reserve Maintains Rates, Focuses on Inflation Risks

by shark
June 25, 2025
0

Fed Chair Jerome Powell discusses inflation and interest rates' impact on crypto markets.

Cardano Foundation Unveils Major Ecosystem Developments

by shark
June 25, 2025
0

Cardano Foundation's $100M ADA reallocation into Bitcoin and stablecoins aims to boost DeFi engagement and ecosystem innovation.

Trump’s Ceasefire Call Boosts Crypto Markets

by shark
June 25, 2025
0

Donald Trump's ceasefire announcement spikes Bitcoin and Ethereum prices amid Middle East tensions.

XRP Leads Crypto Rally Amid Sentiment Shift

by shark
June 25, 2025
0

Ripple Labs sees XRP rally due to regulatory clarity, ETF optimism, and geopolitical ceasefire.

Circle’s Valuation Surges to $66B, Stock Up 800%

by shark
June 25, 2025
0

Circle's valuation hike underscores stablecoins' critical role in financial technology, impacting liquidity and regulatory focus. It also highlights market confidence...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Federal Reserve Maintains Rates, Focuses on Inflation Risks
  • Cardano Foundation Unveils Major Ecosystem Developments
  • Comparative Analysis of Qubetics, OKB, and Pi as the Best Crypto for Beginners
  • Trump’s Ceasefire Call Boosts Crypto Markets
  • XRP Leads Crypto Rally Amid Sentiment Shift
  • BlockDAG’s 100M Airdrop Live While Worldcoin & DOGE Lose Steam
  • Circle’s Valuation Surges to $66B, Stock Up 800%
  • Ark Invest Sells $110M in Circle Shares
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7