FTX finally revealed its full list of creditors on January 25, but withheld the names of nearly 9.6 million users pursuant to a court order.
The former crypto exchange owes millions of creditors, including US and international government agencies, law firms, banks, media, charitable foundations, marketing agencies and more.
The Creditor Matrix sheds light on the impact of FTX’s collapse – which has spread far beyond the crypto ecosystem. Global finance and technology companies including Ant Group, Google, Amazon, Meta, Netflix, LinkedIn and Apple are on FTX’s list of creditors.
Media including Bloomberg Finance, The Wall Street Journal, Coindesk, Benzinga and Condé Nast are among FTX’s creditors. The documentshowever, do not disclose the amount owed to each creditor.
Notable Crypto Firms
The collapse of FTX has dealt a massive blow to the crypto ecosystem, with companies scrambling to mitigate the impact. The most notable crypto-related companies on FTX’s list of creditors include Coinbase, USDC issuer Circle, Galaxy Digital, and Binance Capital Management. The bankrupt firm is also indebted to crypto exchange AAX, Bitgo Prime, and Polygon Network.
Notably, FTX owes money to several crypto firms that filed for bankruptcy before and after its collapse. These include BlockFi and Genesis Global – which filed for bankruptcy in November 2022 – and Voyager Digital, which filed for bankruptcy four months before FTX collapsed.
Crypto research and investigation firms Chainalysis, TRM Labs, and Nansen are also among FTX’s creditors.
US and international government agencies
In the United States, FTX owes money to the Departments of Revenue from Minnesota in the north to Texas in the south and from Connecticut in the east to California in the west. The US Secretary of State of California, Colorado, Delaware, Arkansas, Alabama and others are also on the FTX list of creditors.
The Alabama Securities Commission, the Connecticut Department of Banking, the Arizona Department of Insurance and Financial Institutions, and the Arkansas Department of Securities are some of the other US government agencies FTX owes to the money. The Chicago Mercantile Exchange and the U.S. Commodity Futures Trading Commission (CFTC) are also creditors of FTX, according to the filing.
The Bahamas Ministry of Finance, the Australian Attorney General’s Department, the Cyprus Securities and Exchange Commission, the Abu Dhabi Ministry of Finance and the Government of the Virgin Islands are some of the international government agencies among FTX’s creditors. The list also includes Japan Financial Services Agency, Hong Kong Monetary Authority, Securities and Futures Commission, Turkish Banking Regulation and Supervision Agency and Gibraltar Financial Services Commission.
Main banks and investment companies
FTX owes money to banks inside and outside the United States. The most notable names are Citi Group, Silvergate, Goldman Sachs, JP Morgan Chase, DBS Bank, Bank of Cyprus and Commercial Bank of Dubai.
BlackRock, Sequoia Capital and Pantera Capital are among the investment firms listed among FTX’s creditors.
Hotels, airlines and food delivery services
FTX splurged on stays at luxury hotels and some of those hotels were on its creditors’ list. AC Hotels by Marriott, Grand Hyatt and Airbnb are among FTX’s creditors.
Alaska Air, American Airlines, private jet company Apollo Jets and British Air are on FTX’s list of creditors.
Uber Eats and DoorDash are food delivery services to which FTX owes money.
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