FTX, the cryptocurrency exchange that went bankrupt earlier this month, said in a court filing on Saturday that it owes more than $3 billion to its 50 largest creditors. The top ten creditors of the defunct exchange are owed approximately $1.45 billion. The names of the creditors have been changed. John Ray III, who took over as CEO of FTX after founder Sam Bankman-Fried stepped down, also announced on Saturday that the company has begun a strategic review of the exchange’s assets. Millions of customers and other investors are expected to suffer losses in the billions of dollars.
