FTX Crypto Exchange Owes Biggest Creditors $3.1bn

Cryptocurrency exchange FTX owes its 50 largest creditors almost $3.1bn. <br />The embattled firm, which filed for bankruptcy in the US last week, says it owes about $1.45bn to its top 10 creditors but has not named any. <br />The collapse of the world's second-largest crypto exchange shook confidence in the already troubled cryptocurrency market. <br />FTX's previous bankruptcy filings revealed more than one million people and businesses could be owed money following its collapse. <br />FTX says it had launched a review of its global assets and was preparing for the sale or reorganisation of some businesses.