FTX creditors list includes more than 50 Hong Kong institutions, including regulators HKMA and SFC
- The Hong Kong Monetary Authority and the Securities and Futures Commission were two of thousands of entities included on a list of potential creditors to FTX
- The broad list does not mean named institutions are necessarily creditors, lawyers say, and the connection to the crypto exchange is unclear
A broad list of potential creditors to collapsed cryptocurrency exchange FTX includes more than 50 Hong Kong entities, with two government bodies that regulate virtual assets, in a display of the one-time crypto giant’s extensive reach.
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) are included in a 115-page list – spanning more than 7,500 rows of parties, including many redacted names – filed to the Delaware bankruptcy court on Wednesday. At least 50 other Hong Kong entities were also listed.
The precise relationship between the listed institutions on the “Verified Creditor Matrix” and FTX is unclear, as is whether any money is owed. In a separate statement filed with the court on Wednesday, lawyers said 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”.
A name on the list “does not necessarily indicate that the party is a creditor of any of the Debtors”.
“We note that the list is compiled by a US financial advisory firm and it contains a few thousand names including many regulatory bodies and public authorities in various jurisdictions,” an HKMA spokesman said.
“We are not in a position to comment on the rationale for including the HKMA on the list.”