Genesis is the largest unsecured creditor of FTX

2023-01-20 23:19:00

Collection

According to ChainCatcher news, a modified document on Thursday revealed that FTX and its affiliated subsidiaries owe Genesis Global Capital $226.3 million. The filing shows that the revised list now includes the names of any creditors designated by the U.S. trustee to the official committee of unsecured creditors in this case.

Most of the other names and information of the top 50 creditors remain unedited, but the 12th largest unsecured creditor is Hong Kong-based cryptocurrency trading company Pulsar Global Ltd, with a claim of $92.9 million, while individual creditor Larry Qian ranks 14th with a claim of $91.1 million. Another notable name on the list is Singapore-based cryptocurrency market maker Wintermute, ranked 29th with a claim of $33 million.

Previously, it was reported that Genesis owes a total of $3.8 billion to major creditors, including Gemini, Mirana, Decentraland, and VanEck. (source link)

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