Troubled cryptocurrency exchange FTX says it could have more than 1 million creditors

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A new bankruptcy filing from FTX says that the cryptocurrency exchange may be facing ten times the number of creditors than it originally indicated in its Chapter 11 bankruptcy case. FTX previously stated that there were over 100,000 creditors, most of them customers, but an updated filing in a Delaware court on Monday now states that “in fact, there could be more than one million creditors in these Chapter 11 cases.” The exchange’s attorneys are now asking to submit a consolidated list of top 50 creditors on or before Friday, instead of a top 20 list.

This article was originally published by Marketwatch.com. Read the original article here.

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