Collapsed FTX owes almost $3.1 billion to prime 50 collectors By Reuters

© Reuters. FILE PHOTO: The emblem of FTX is seen on the entrance of the FTX Enviornment in Miami, Florida, U.S., November 12, 2022. REUTERS/Marco Bello/File Picture

(Reuters) -Cryptocurrency change FTX, which has filed for U.S. chapter courtroom safety, mentioned it owes its 50 greatest collectors almost $3.1 billion.

The change owes about $1.45 billion to its prime ten collectors, it mentioned in a courtroom submitting on Saturday, with out naming them.

FTX and its associates filed for chapter in Delaware on Nov. 11 in one of many highest-profile crypto blowups, leaving an estimated 1 million prospects and different buyers going through whole losses within the billions of {dollars}.

The crypto change mentioned on Saturday it has launched a strategic evaluate of its world property and is getting ready for the sale or reorganization of some companies. A listening to on FTX’s so-called first-day motions is about for Tuesday morning earlier than a U.S. chapter choose, in line with a separate courtroom submitting.

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