The cryptocurrency exchange FTX claims it owes its 50 largest creditors close to $3.1 billion and has applied for bankruptcy court protection in the United States.
Without naming them, the exchange stated in a court statement on Saturday that its top ten creditors are owed almost $1.45 billion.
In one of the most publicized crypto meltdowns, FTX and its affiliates filed for bankruptcy in Delaware on November 11. As a result, an estimated million consumers and other investors are expected to have lost billions of dollars.
The cryptocurrency exchange announced on Saturday that it has started a strategic evaluation of its worldwide assets and is putting some firms up for sale or reorganization.
