Index Investing News
Friday, January 27, 2023
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Collapsed FTX owes nearly $3.1 billion to top 50 creditors By Reuters

by Index Investing News
November 20, 2022
in Markets
Reading Time: 1 min read
A A
0
Home Markets
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, U.S., November 12, 2022. REUTERS/Marco Bello/File Photo

(Reuters) -Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion.

The exchange owes about $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 1 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 reorganization of some businesses. A hearing on FTX’s so-called first-day motions is set for Tuesday morning before a U.S. bankruptcy judge, according to a separate court filing.



Source link

Tags: BillioncollapsedcreditorsFTXowesReutersTop
ShareTweetShareShare
Previous Post

Cheryl Burke Announces She’s Leaving DWTS as a Pro Dancer, Wants to Become a Judge

Next Post

Wakanda Forever’ Nears $550M Global Box Office – Deadline

Related Posts

Asia-Pacific stocks rise tracking Wall Street’s gains ahead of U.S. inflation data

by Index Investing News
January 27, 2023
0

Japan +0.07%. Japan data - Tokyo inflation for January 2023. Headline 4.4% y/y (prior 4.0%). China Market closed. Hong Kong...

India’s Adani kicks off $2.45 billion share sale while under short-seller attack By Reuters

by Index Investing News
January 27, 2023
0

© Reuters. FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings...

Intel, Visa, Hasbro and more

by Index Investing News
January 27, 2023
0

The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine...

Xerox (XRX) Q4 adj. profit more than doubles; revenue up 9%

by Index Investing News
January 26, 2023
0

Xerox Corporation (NYSE: XRX) on Thursday reported a sharp increase in fourth-quarter 2022 earnings, on an adjusted basis. The company’s revenue...

Tesla stock rallies as the bull vs. bear debate rages on

by Index Investing News
January 26, 2023
0

jetcityimage There was mixed reaction to the Tesla (NASDAQ:TSLA) earnings report on Wall Street as the strong growth and record...

Next Post

Wakanda Forever’ Nears $550M Global Box Office – Deadline

Natural Gas and American Left-Populism

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

$8.5 Million Santa Fe Mansion Honors New Mexico’s Classic Architecture

November 27, 2022

FTX’s Collapse Reveals “False God of Profit” No. 1

November 18, 2022

Schools close as Pakistan Taliban siege on police station drags on

December 20, 2022

The IPOX® Week, February seventh, 2022 – Low Price Inventory & Choices Buying and selling | Superior On-line Inventory Buying and selling

April 4, 2022

Wall Street opens higher as data points to cooling inflation By Reuters

November 15, 2022

Pentagon feedback on ‘Asian NATO’ — RT World Information

June 11, 2022

Industrial Sector Holds Regular Amid Amazon Slowdown

July 11, 2022

The Core of Putin’s Weak spot

April 25, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In