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Business Maverick: FTX says Wall Street heavyweights are among its creditors

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Advisers to FTX say the collapsed crypto company owes a dizzying assortment of firms including Goldman Sachs Group, JPMorgan Chase & Co and Wells Fargo, bankruptcy court documents show.

filed on Wednesday detailing FTX’s creditors contains thousands of entries, and names of individuals are redacted. But the globe-spanning list identifies heavyweights across Wall Street as having some kind of connection with Sam Bankman-Fried’s once-giant exchange.

The list “is intended to be very broad for service purposes and includes parties who may appear in the debtors books and records for any number of reasons,” lawyers for FTX wrote in aDeutsche Bank AG, HSBC Bank and MUFG Bank are also on the list. A representative for Deutsche Bank said the firm had no credit exposure to FTX. Representatives for JPMorgan, Wells Fargo and MUFG declined to comment. HSBC didn’t have an immediate comment.

Other than the banks, named creditors include US governmental departments, both national and international securities regulators, other large crypto firms, media outlets, big tech companies and a global array of law firms and accountants.With the fallout spreading, a federal judge has now approved FTX Group’s request to formally terminate endorsement deals with supermodel Gisele Bündchen, basketball star Stephen Curry’s SC30 and baseball phenomenon Shohei Ohtani, court papers show.

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