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FTX Lost $3.7 Billion in 2021 – In Bankruptcy Filing It Hides the Names of Its Unsecured Creditors Who Are Owed $3.1 Billion

 
FUNNNY MUNNNEY
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11/20/2022 02:00 PM
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FTX Lost $3.7 Billion in 2021 – In Bankruptcy Filing It Hides the Names of Its Unsecured Creditors Who Are Owed $3.1 Billion
FTX reported a $3.7 BILLION loss in its 2021 tax return. Also, its unsecured creditors are redacted in the company’s bankruptcy filing and they are owed an additional $3.1 BILLION. What’s going on?

FTX, the cryptocurrency exchange that went bankrupt only a few days ago, was in financial duress for some time. In the company’s bankruptcy filing, FTX mentions that it incurred a loss of $3.7 billion as recorded in its 2021 tax returns.




n addition, in the bankruptcy filing dated yesterday, the list of FTX creditors is redacted. This is a list of the 50 largest unsecured creditors. The largest five creditors are due nearly $1 billion ($226 million, $203 million, $174 million, $160 million, and $131 million). Who are they and why are they redacted?

The firm filed voluntary bankruptcy for its 102 subsidiaries as well.


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Anonymous Coward
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11/20/2022 02:14 PM
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Re: FTX Lost $3.7 Billion in 2021 – In Bankruptcy Filing It Hides the Names of Its Unsecured Creditors Who Are Owed $3.1 Billion
andgone
Super Straight Splinterhead

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11/20/2022 02:18 PM
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Re: FTX Lost $3.7 Billion in 2021 – In Bankruptcy Filing It Hides the Names of Its Unsecured Creditors Who Are Owed $3.1 Billion
winkwhat
Anonymous Coward
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11/20/2022 02:19 PM
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Re: FTX Lost $3.7 Billion in 2021 – In Bankruptcy Filing It Hides the Names of Its Unsecured Creditors Who Are Owed $3.1 Billion
andgone
 Quoting: Anonymous Coward 84794893


cruise
Anonymous Coward (OP)
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11/20/2022 02:23 PM
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Re: FTX Lost $3.7 Billion in 2021 – In Bankruptcy Filing It Hides the Names of Its Unsecured Creditors Who Are Owed $3.1 Billion
This guy is soon to suffer an amazingly unbelievable ARKANCIDE


hillary-LINT
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11/20/2022 02:48 PM
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Re: FTX Lost $3.7 Billion in 2021 – In Bankruptcy Filing It Hides the Names of Its Unsecured Creditors Who Are Owed $3.1 Billion
wtf





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