As part of its bankruptcy proceedings, FTX was required to provide the court with a list of its 50 largest creditors (individuals or corporations) who are owed money. According to the court filing, the second largest entity owes $203,292,504.
Bankman-Fried drew the attention of state and federal investigators, as well as the Justice Department, for the manner in which his company failed and the money under his control that went missing. In addition, Congress has asked him to testify in December. The new FTX CEO appointed to guide the company through bankruptcy proceedings stated earlier this week that he has never witnessed such a “complete failure” of corporate controls in his career, including during the Enron scandal.