FTX Crypto Exchange Owes Biggest Creditors $3.1bn

Nov 21, 2022 · 57s
FTX Crypto Exchange Owes Biggest Creditors $3.1bn
Description

Cryptocurrency exchange FTX owes its 50 largest creditors almost $3.1bn. The embattled firm, which filed for bankruptcy in the US last week, says it owes about $1.45bn to its top...

show more
Cryptocurrency exchange FTX owes its 50 largest creditors almost $3.1bn.
The embattled firm, which filed for bankruptcy in the US last week, says it owes about $1.45bn to its top 10 creditors but has not named any.
The collapse of the world's second-largest crypto exchange shook confidence in the already troubled cryptocurrency market.
FTX's previous bankruptcy filings revealed more than one million people and businesses could be owed money following its collapse.
FTX says it had launched a review of its global assets and was preparing for the sale or reorganisation of some businesses.
show less
Information
Author Africa Business Radio
Organization Africa Business Radio
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search