The now-defunct crypto exchange FTX has released a list of creditors whose names have not been redacted; the comprehensive 100+ page list shows that FTX owes money to Binance, Airbnb, Apple, the Amazon, Linkedin, Coindesk, and the Wall Street Journal (WSJ), among other well-known institutions to which it owes much money. Also included are U.S. government agencies such as the Internal Revenue Service (IRS) and the Treasury Department’s Financial Crimes Enforcement Network (FinCEN).
The wide range of companies that owed money, identified in the FTX creditor list
On January 24, 2023, FTXreleased a creditors’ ledgerof bankrupt companies containing over 100 pages of names. The creditors’ ledger includes government agencies in Switzerland, Hong Kong, the United States, and Japan. In addition, the ledger includes Alibaba, Allied Sports, Microsoft, Amazon, Meta, Twitter, Google, Blue Bottle Coffee, Bonham Capital, Bitstamp, Bitgo, Infura, Inca Digital and Lightspeed Strategic Partners, Long Watch Security, Mercedes-Benz, Messari, Nomura, and O’Leary Productions, among countless other notable firms. According to bankruptcy papers filed last year, FTX’s top 50 creditors owe an estimated $3 billion
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FTX’s list of creditors includes U.S. government agencies such as the IRS, FinCEN, and various state tax collection agencies. The list also showcases the three major airlines, hotels, apartment complexes, non-profit organizations, and software companies that provide cloud services. However, the names of approximately 9.69 million FTX customers have been redacted from the creditors’ ledger. The list also highlights the large number of businesses originating from the Bahamas, where FTX’s inner circle was active. Creditors further include banks, Stanford University, Fox News, Coin Desk, and the Wall Street Journal.
The court filings show money owed to numerous creditors, but do not imply that entities or individuals took advantage of the FTX exchange to trade crypto. For example, a spokesperson for the Swiss regulatory agency FINMA toldReuters could not understand why it was on the list; FINMA “is not a customer of FTX and has never acted on its platform,” the spokesperson told the news outlet. Reuters reporter Noele Ilien also reached out to Airbnb for comment, but the company did not respond.
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