Looks like the top creditor on the list has over $226 million USD stuck on FTX. Ouch!
The filing indicated that FTX owes the top individual alone in excess of $226 million USD, with all others owed sums approximately ranging between $21 million and $203 million. The creditors' identities are unknown, and their locations undisclosed. The document explained:
“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. The Debtors’ investigation continues regarding amounts listed, including payments that may have been made but are not yet reflected on the Debtors’ books and records. The Debtors are also working to obtain full access to customer data.”on Nov. 11.
Ray stated at the time, “The immediate relief of Chapter 11 is appropriate to provide the FTX Group the opportunity to assess its situation and develop a process to maximize recoveries for stakeholders. [...] The FTX Group has valuable assets that can only be effectively administered in an organized, joint process.”
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