Cryptonews The damage from the FTX saga is spreading far and wide through crypto 😔
The bankrupt FTX Group could have more than one million creditors, its new management told a bankruptcy court judge in Delaware., attorneys for the company revealed that simply compiling standard lists of the 20 top creditors for the roughly 130 companies under FTX Group, including FTX, FTX US and Alameda Research’s umbrella would overwhelm the team brought in by the firms’ new CEO, restructuring expert John J. Ray III.
So many of those overlap among the swatch of related companies that a single top 50 list would be a better choice, they added.
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