Tthe largest unsecured declare within the FTX chapter case quantities to $36.2 million and not one of the prime 50 collectors are thought of “insiders.”
The full sum allegedly owed to the highest 50 collectors is roughly $114 million.
Given the billions of {dollars} of buyer funds allegedly traded between FTX and Alameda, it’s unclear as to why the Collectors record is available in so low compared. FTX reportedly had over 5 million customers at its peak so the highest 50 Collectors make up solely part of the story.
Quantity 50 on the record has an unsecured declare of $220,050; and if there are billions of {dollars} to account for throughout the chapter investigation — which is the case — then the vast majority of victims are like retail clients that had non-whale balances.
FTX Buying and selling Ltd. and its affiliated firms filed the consolidated lists of their prime 50 collectors for a number of debtor firms with the USA Chapter Court docket for the District of Delaware.
These “Prime 50 Lists” embrace West Realm Shires Inc., Alameda Analysis LLC, Clifton Bay Investments LLC, and FTX Buying and selling Ltd. The lists are based mostly on at present obtainable creditor data, together with buyer data that isn’t at present totally accessible to the Debtors.
The Debtors are working to acquire full entry to buyer information and are persevering with to research the quantities listed on the Prime 50 Lists.
The names, addresses, and e-mail addresses of the Debtors’ clients have been redacted from the Prime 50 Lists attributable to an Interim Order granting the Debtors the flexibility to take action on an interim foundation.
- Exhibit A, the highest 50 largest unsecured claims for West Realm Shires Inc., ranges from $220,050 to $36.18 million.
- Exhibit B, the highest 50 Commerce Payable claims for Alameda, contains Bloomberg Finance LP and Amazon Internet Companies (AWS) with unsecured claims of $80,256 and $4.66 million, respectively.
- Exhibit C, the highest 50 record for Clifton Bay Investments LLC, is empty.
- Exhibit D, the highest 50 largest unsecured claims for FTX Buying and selling Ltd., ranges from $19.85 million to $226.28 million.
Copies of the discover of the submitting of the Prime 50 Lists might be obtained from the Court docket’s web site or the web site of the Debtors’ claims and noticing agent.
