New Filing Shows FTX Creditors Include Netflix, Apple, Binance and Coinbase

FTX Sam Bankman-Fried
Last updated:
News Editor
News Editor
Khashayar Abbasi
About Author

Khashayar is a dedicated crypto news editor who focuses on providing accurate and insightful coverage of the cryptocurrency space. Featured in outlets like BanklessTimes and TheBetChat, he...

Last updated:
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Source: YouTube | ABC News

The FTX creditor list is a document that reveals the extent of the crypto enterprise’s reach and the impact of its bankruptcy. The list is 116 pages long and includes notable companies such as Netflix and Apple. However, it should be noted that 9.7 million customer names have been redacted from the document.

According to a court filing from Wednesday, FTX has debt obligations to a variety of institutions including media companies, universities, airlines, and charities. 

Some notable examples include publications like the Wall Street Journal, Fortune, Fox Broadcasting and CoinDesk, crypto companies such as Coinbase and Binance, and airlines American, Spirit and Southwest.

The document also includes the Gisele Bundchen Charitable Giving as a creditor. The Brazilian supermodel and her former partner, Tom Brady, were known to have invested in the company and even featured in one of its advertisements during a major American football event.

The Judge overseeing the case, John Dorsey, has granted a temporary seal on the names of individual creditors for a period of three months but requested that a list of institutional investors be made available by the company’s legal representatives.

Notably, the document did not include amounts owed by each party but previous filings showed that FTX owed around $3.1 billion to its top 50 creditors. Of the estimated one million creditors, the two largest claims were for over $200 million each.

Sam Bankman-Fried has entered a plea of not guilty in response to accusations of fraud brought forth by U.S. regulatory authorities in New York. The downfall of the FTX crypto exchange has had a negative impact on crypto markets and the overall perception of the industry. At one point, FTX was the second-largest crypto exchange in terms of daily trading volume, ranking just after Binance.

Regulatory bodies have been pushing for stronger measures to safeguard against potential harm to investors and potential negative effects on the overall market.

More Articles

Price Analysis
Up 11% This Week: Cardano Breakout on the Horizon?
Arslan Butt
Arslan Butt
2025-02-16 15:11:01
Price Analysis
Mantra Soars Explosive 27.9% This Week: What’s Next?
Arslan Butt
Arslan Butt
2025-02-16 14:37:51
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors