ការផ្លាស់ប្តូរ FTX filed for bankruptcy on November 11 in Delaware owing nearly 1 million customers with more than $10 billion in losses. With the beginning of the proceedings of the FTX bankruptcy lawsuit, the exchange said that they owed more than $3 billion to their top 50 creditors. Moreover, it mentioned that it owes nearly $1.45 billion to the top 10 creditors, without naming them.
The exchange during the court proceedings said that it was reviewing the assets they have and are preparing for the sale or reorganization of some business. However, as per an expert, the top creditors or the equity holders may be given the first preference for restructuring, while the investors in the Bahamas-based companies may be the next ones to receive.
Meanwhile, the FTX account holders could be their least priority as they stand at the end of the queue.
Source: https://coinpedia.org/news/top-creditors-may-receive-3b-from-ftx-but-retail-traders-may-not-be-on-the-list/