[ad_1]
Michael M. Santiago/Getty Images News
Embattled cryptocurrency exchange FTX (FTT-USD) owes money to a barrage of high-profile companies, including tech giants Apple (NASDAQ:AAPL) and Netflix (NASDAQ:NFLX) and crypto heavyweights Coinbase Global (NASDAQ:COIN) and Binance, according to a recent court filing in bankruptcy proceedings.
The 116-page document, which does not disclose the amount owed to each institutional creditor, underscores the widespread financial contagion from FTX’s demise. On January 11, a Delaware judge allowed the platform to withhold the names of its customers for at least three more months.
Financial companies listed included crypto-focused bank Silvergate (NYSE:SI), US megabanks Citigroup (NYSE:C), Wells Fargo (NYSE:WFC) and asset management giant BlackRock (NYSE:BLK) . Recall late last year when BlackRock CEO Larry Fink said the company invested $24 million in FTX before the once-dominant exchange imploded following a crisis. of liquidity.
Airlines included in the matrix of creditors included American Airlines Group (NASDAQ:AAL), Spirit Airlines (NYSE:SAVE) and Southwest Airlines (NYSE:LUV). Other companies mentioned were WeWork (NYSE:WE), CVS (NYSE:CVS), The Wall Street Journal and Comcast (NASDAQ:CMCSA).
Note that the list only revealed information about companies, not customers, 9.7 million of which were redacted.
In early January, Sam Bankman-Fried, the disgraced co-founder of FTX and former CEO accused of defrauding investors and clients, pleaded not guilty to the criminal charges brought against him by regulators.
|
Sources 2/ https://news.google.com/__i/rss/rd/articles/CBMibmh0dHBzOi8vc2Vla2luZ2FscGhhLmNvbS9uZXdzLzM5Mjg0ODktYXBwbGUtbmV0ZmxpeC1jb2luYmFzZS1hbW9uZy1jcmVkaXRvcnMtb3dlZC1tb25leS1ieS1jcnlwdG8tZXhjaGFuZ2UtZnR40gEA?oc=5 The mention sources can contact us to remove/changing this article |
[ad_2]