A court document indicates that cryptocurrency exchange FTX owes its 50 largest creditors over $3.1 billion (£2.6 billion).
The troubled company, which filed for bankruptcy in the United States last week, claims it owes approximately $1.45 billion to its top 10 creditors but has not identified them.
The implosion of the second-largest cryptocurrency exchange in the world damaged trust in an already unstable cryptocurrency sector.
It also led to the resignation of exchange chief Sam Bankman-Fried.
Prior bankruptcy filings for FTX revealed that more than one million individuals and organizations may be owed money following its demise.
On Saturday, FTX announced that it had begun a review of its global assets and was planning to sell or restructure certain operations.
Tuesday is the date of a court hearing before a bankruptcy judge in the United States.
It is unknown how much the exchange’s investors would receive after bankruptcy proceedings, while numerous experts have cautioned it may be a small percentage of what they invested.
John Ray, the new CEO of FTX, criticized the way the bankrupt cryptocurrency exchange was managed last week, stating that he had never seen “such a catastrophic lack of corporate controls.”
Mr. Ray, who replaced Mr. Bankman-Fried, criticized the total absence of reliable financial data.
Mr. Bankman-Fried told the Vox news website that he regretted declaring bankruptcy since it had largely removed him from authority over his finances. Additionally, he showed contempt for finance regulators.
