FTX co-founder Sam Bankman-Fried saw his wealth evaporate from billions to significantly less after the collapse and bankruptcy of the cryptocurrency platform he founded. A new list of creditors suggested Bankman-Fried may have also been searchin’ for his lost shaker of salt.
What Happened: FTX had $8.9 billion in debt at the time of its bankruptcy, which could explain why rival Binance was only willing to pay $1 to acquire the cryptocurrency platform facing major liquidation concerns.
A new report emerged that showed Alameda Research, the trading arm of FTX, had a long list of creditors with unpaid bills.
The top five companies listed on the Alameda Research debt list in court filings are:
Amazon Web Services: $4.66 million
Herbert Smith Freehills: $120,304
Bloomberg: $80,256
Margaritaville Beach: $55,319
Piper Alderman Law: $48,608
The list from The Information showed that Amazon.com, Inc. (NASDAQ: AMZN) could be facing a loss of …
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