Newly unsealed bankruptcy documents revealed thousands of creditors to whom FTX owes money after the once-mighty crypto exchange collapsed in November. Wall Street heavyweights including Goldman Sachs and JPMorgan were named in the creditor list, which includes businesses, charities, individuals and other entities in a 116-page document filed late Wednesday. Also included in the creditors list are media companies, such as the New York Times and Wall Street Journal, commercial airliners, including American, United, Southwest and Spirit, as well as several Big Tech players, including Netflix, Apple and Meta. Inclusion on the creditor list doesn’t necessarily mean the parties had an FTX account. In the midst of a liquidity crisis, the company filed for bankruptcy, leaving customers in limbo.
Source: CNN January 27, 2023 19:45 UTC