The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, US on Nov 12, 2022.Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50 biggest creditors nearly US$3.1 billion .
The exchange owes about US$1.45 billion to its top ten creditors, it said in a court filing on Saturday , without naming them. FTX and its affiliates filed for bankruptcy in Delaware on Nov 11 in one of the highest-profile crypto blowups, leaving an estimated one million customers and other investors facing total losses in the billions of dollars.
The crypto exchange said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses. A hearing on FTX's so-called first-day motions is set for Tuesday morning before a US bankruptcy judge, according to a separate court filing.
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