A 116-page document that lists every entity that FTX owes money to has been released, revealing an abundance of companies and government entities wrapped up in the bankruptcy of the cryptocurrency exchange.
On January 25th, lawyers for FTX filed its creditor matrix to the United States Bankruptcy Court for the District of Delaware. The report detailed names in alphabetical order. The firm representing FTX clarified that “the inclusion of a name on the Matrix does not necessarily indicate that the party is a creditor.”
Instead, the Matrix is intended to reveal the companies, venture capital firms, media outlets, and crypto companies, along with U.S and international government agencies, potentially owed money in the wake of the exchange collapse.
Notable crypto and web3-related companies appeared, including Coinbase, Yuga Labs, Circle, Sky Mavis, Chainalysis, Messarim Voyager Digital, Polygon, and various Binance entities.
Several state, federal, and international agencies appeared in the report, including departments within the U.S. Department of Justice, The Securities Commission of the Bahamas, and the United States Securities and Exchange Commission.
The tax offices of virtually every U.S. state and the federal Internal Revenue Service (IRS) were listed. Other government agencies from Australia, Japan, Switzerland, Hong Kong, and others were also listed.
Big tech was not spared, as Apple, Netflix, Amazon, Meta, Google, LinkedIn, Microsoft, and Twitter were also included.
Uber Eats, Quiznos, Peloton and the League of Legends Championship Series, and various luxury hotels worldwide were also named in the report.
Many bizarre and questionable entities are also listed in the massive Matrix. Including one “Drawn Sword Limited.”
Many former FTX employees claimed the business’ luxury expenditures were “moronically inefficient” and while this explains the massive DoorDash bills, the bizarre small companies are harder to explain. Though they do make this Coinfessions post seem a bit more legitimate.
Shark Tank star and former FTX spokesperson Kevin O’Leary’s production company and talent agency were listed as creditors.
The names of almost 9.7 million FTX customers with funds frozen on the exchange were redacted from the document at the request of FTX’s legal team.
The report did not include what each entity was owed, and inclusion on the list does mean that the company/entity had an FTX trading account.
