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. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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