News > Collapsed FTX crypto exchange owes nearly $3.1 billion to top 50 creditors
Collapsed FTX crypto exchange owes nearly $3.1 billion to top 50 creditors
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The Hindu | 21/11/2022 11:37 AM | Click to read full article
Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion. The exchange owes about $1.45 billion to its top ten creditors, it said in a court filing on Saturday, without naming them. A hearing on FTX's so-called first-day motions is set for Tuesday morning before a U.S. bankruptcy judge, according to a separate court filing.