The paper, which is more than 100 pages long, identifies every organization FTX owes money to, from Big Tech giants to tiny businesses near its Bahamian base.
The whole list of creditors owed money by the bankrupt cryptocurrency exchange FTX has been disclosed, revealing a slew of companies and government organizations entangled in the company’s demise.
Lawyers for FTX filed a creditor matrix with the United States Bankruptcy Court for the District of Delaware late on January 25. The 115-page booklet lists the names of its creditors alphabetically.
The list reveals a vast global web of companies owed money by the defunct exchange, including airlines, hotels, charities, banks, venture capital firms, media outlets, and crypto companies, as well as US and international government agencies.
However, the names of approximately 9.7 million (9,693,985) FTX users whose funds were frozen on the exchange were redacted from the paper.
Coinbase, Galaxy Digital, Yuga Labs, Circle, Bittrex, Sky Mavis, Chainalysis, Messari, and entities of Binance are among the notable crypto and Web3-related companies owed money by FTX.
Apple, Netflix, Amazon, Meta, Google, LinkedIn, Microsoft, and Twitter were also listed as creditors. Among the media outlets named were The New York Times, The Wall Street Journal, and CoinDesk.
The tax offices of several United States state agencies, as well as the federal Internal Revenue Service (IRS), were listed. Other government entities, including those in Japan, Australia, and Hong Kong, are also creditors.
FTX appears to owe not only large entities, but also smaller businesses, including a Nassau-based pest control company and a garden centre.
M Group, the company’s previous public relations firm, was listed as a creditor. FTX hired the firm to represent them, but the firm stated that it no longer works with FTX following its bankruptcy.
The filing did not specify how much each entity owed, and inclusion on the list does not imply that it had a trading account with FTX.
Earlier filings by FTX’s lawyers in November indicated that the exchange may have over a million creditors.
A previous FTX employee described the company’s “moronically wasteful” luxury expenditures in a December tell-all Twitter thread.
Some of the entities on the list refer to the company’s previous excessive spending, including Uber Eats and Doordash entities from all around North America and Australia, as well as Airbnb and the names of numerous luxury hotels around the world.