Bankruptcy is a legal process through which individuals or businesses who cannot repay their debts can seek relief from some or all of their obligations. It allows for the reorganization or liquidation of assets to pay off creditors.

What are digital assets?

Digital assets are any items of value that exist in a digital format and can be owned or controlled. This includes cryptocurrencies, digital currencies, and other forms of digital property.

What is a court filing?

A court filing is the formal submission of documents to a court, which initiates legal proceedings or provides information relevant to an ongoing case. It is a critical step in the legal process.

What is a strategic review?

A strategic review is an assessment process undertaken by a company to evaluate its current strategies, operations, and market position. It aims to identify areas for improvement and inform future business decisions.

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Collapsed FTX owes nearly $3.1 billion to top 50 creditors

Published by Uma Rajagopal

Posted on November 21, 2022

1 min read

Last updated: February 3, 2026

Collapsed FTX owes nearly $3.1 billion to top 50 creditors

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