Wednesday, March 22, 2023

List of creditors from the FTX bankruptcy reaches as far as Switzerland

by admin
0 comment

Finma, Zurich and Co.

List of creditors from the FTX bankruptcy reaches as far as Switzerland

The extensive list of creditors from the bankruptcy of the former second largest crypto exchange FTX extends as far as Switzerland. In addition to some local crypto companies, there are also other Swiss financial companies and the financial market supervisory authority Finma.


30-year-old FTX founder Sam Bankman-Fried was arrested in the Bahamas in December and extradited to the United States.

The release of the 115-page list by the FTX bankruptcy trustee earlier this week shows the global impact of the crypto exchange collapse. In addition to large crypto companies such as Coinbase or Binance, you can also find large global companies and authorities from the USA and other parts of the world.

However, the Swiss financial market supervisory authority cannot explain why Finma is also on the list of creditors – it was not involved in compiling the list itself, a Finma spokesman confirmed on Friday information from the “Finews” platform and the “Neue Zürcher Zeitung”. ». “We can rule out that Finma itself was a customer of the company or acted on the company’s platforms.”

Related News

Latest Switzerland News and updates and political news, follow our daily update about the congress and the government roundup, we also provide the latest news from all over the world minute by minute, subscribe to get the latest updates directly to your inbox.

© 2022 All Right Reserved. Switzerland Times