Former FTX chief executive Sam Bankman-Fried leaves Manhattan federal court, New York, January 3, 2023. (Photo by Ed JONES / AFP)
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Add Google, Meta, TikTok, Twitter and Apple to the list of companies owed money by the ill-starred crypto exchange FTX in the aftermath of its catastrophic collapse. A new “creditor matrix,” published by FTX’s lawyers on Wednesday to the United States Bankruptcy Court of Delaware, runs 115 pages-long and contains millions of names.
The extensive list shows just how many people, companies, media outlets, governments and other entities are owed money by FTX — an attempt to map the millions of customers that engaged with the exchange before its founder Sam Bankman-Fried and executives were accused of fraud and deceiving investors.
It’s unclear how much money is allegedly owed to the tech companies; that information is not provided in the matrix. Other names included Netflix, LinkedIn, Amazon and Microsoft. (Lawyers for FTX previously objected to the inclusion of creditor identities, and nearly 10 million names were redacted in the new document.)
FTX heavily promoted itself through advertising campaigns, sponsorships and paid partnerships, however. It’s possible that some or all of these companies are owed ad fees, as the exchange had accounts on Facebook, TikTok and Twitter, or cloud hosting fees in the case of Amazon.
Edgar Mosley, a managing director at restructuring consultancy Alvarez & Marsal who filed the creditor list, did not immediately respond to questions about potential discrepancies.
Meta did not immediately respond to a request for comment. FTX does not appear to have run Facebook ads, according to the platform’s ad library.
FTX, Google, Meta, TikTok, Netflix, Twitter, LinkedIn, Amazon and Microsoft had not responded to a request for comment at the time of publication.
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