The exchange — worth $32 billion just earlier this year — filed for Chapter 11 bankruptcy on November 11, after a week of turmoil.
on November 11, after a week of liquidity crisis. Its 30-year-old founder Sam Bankman-Fried also resigned as CEO.
All 50 of FTX's largest creditors are customers. The single biggest creditor is owed more than $226 million, according to the Saturday filing. Its second largest creditor is also owed over $200 million, while another eight are owed over $100 million each. Collectively, FTX owes about $1.45 billion to its top 10 creditors, according to the redacted list.FTX's new CEO John J.
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