FTX creditors include Goldman Sachs, New York Times and Netflix

New York
CNN
 — 

Newly unsealed individual bankruptcy paperwork unveiled hundreds of collectors to whom FTX owes cash right after the when-mighty crypto exchange collapsed in November.

Wall Avenue heavyweights together with Goldman Sachs and JPMorgan were being named in the creditor listing, which contains businesses, charities, men and women and other entities in a 116-webpage doc filed late Wednesday. FTX is now at the middle of a massive fraud investigation.

Also included in the collectors record are media businesses, such as the New York Periods and Wall Avenue Journal, professional airliners, such as American, United, Southwest and Spirit, as properly as several Massive Tech gamers, including Netflix, Apple and Meta.

On Thursday, attorneys for FTX filed an further doc advising the courtroom that the record — identified as a creditor matrix — is “intended to be really broad” and “includes functions who may well look in the Debtors guides and information for any selection of motives.” Becoming on the listing does not “necessarily point out that the party is a creditor” of FTX or its affiliate marketers, they wrote.

Goldman Sachs, for one particular, is named in the creditor matrix but does not appear to be a creditor. In a statement to CNN on Wednesday, the bank claimed it had not filed a assert in opposition to FTX.

“This sort of creditor matrix is prepared by the debtors for the goal of providing detect to intrigued functions in a bankruptcy proceeding and is not essentially evidence of a creditor marriage,” a spokesperson mentioned.

The doc does not disclose the amount of money or nature of the credit card debt, and names of particular person collectors — mainly clients who deposited resources on FTX — remain redacted at FTX’s request. Inclusion on the creditor record does not necessarily necessarily mean the parties had an FTX account.

FTX is considered to have additional than a million lenders, the prime 50 of whom are collectively owed much more than $3 billion.

The crypto platform was when of the most well known crypto exchanges on the world, fueled by celebrity endorsements and significant-profile partnerships with sports teams. It marketed by itself as a newbie-welcoming crypto system, permitting clients to deposit fiat forex and trade it for digital belongings. But FTX arrived unraveled in November as speculation about its harmony sheet sparked trader panic. In the midst of a liquidity crisis, the company submitted for personal bankruptcy, leaving clients in limbo.

Federal prosecutors investigating FTX say that its founder and former CEO, Sam Bankman-Fried, orchestrated a huge fraud by thieving buyer money to include losses at his hedge fund, Alameda Study. They also accuse him of employing stolen money to acquire luxurious genuine estate and lead to US poltical campaigns.

Bankman-Fried, who was indicted in December and stays beneath property arrest at his parents’ California property, pleaded not responsible to 8 prison counts before this month. He has continuously denied committing fraud, and is scheduled to go to demo in Oct.

Two of his previous enterprise companions have pleaded guilty to fraud and conspiracy expenses and are cooperating with prosecutors from the Southern District of New York. Both of those associates have implicated Bankman-Fried in the alleged crimes.