The Washington PostThe Washington Post

FTX says it owes more than $3 billion to creditors

By Steven Zeitchik

20 Nov 2022 · 3 min read

Editor's Note

Crypto exchange firm FTX's bankruptcy filing states that it owes over $1.45 billion to its top 10 creditors. Current head of FTX, John Ray, has called it a "complete failure of corporate controls."

FTX, the cryptocurrency exchange that collapsed amid a liquidity crisis earlier this month, owes creditors at least $3 billion, it said in a new court filing.

And 10 of its creditors are owed at least $100 million.

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