Fallen FTX reveals top creditors on Friday

Insolvent cryptocurrency exchange FTX could have as many as a million investors looking to recoup their losses.

The Bahamas-based brokerage filed for bankruptcy after facing massive liquidity problems as its acquirer, Binance, pulled out of a merger.

FTX’s bankruptcy attorneys, Landis Rath & Cobb and Sullivan and Cromwell, said on Nov. 15 that the number of creditors could exceed one million, according to a filing with the U.S. Bankruptcy Court for the District of Delaware.

“In fact, there could be over a million creditors in these Chapter 11 cases,” the filing said.

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