9.7 Million Investors Affected by FTX Crypto Exchange Collapse

• A filing has revealed that 9,693,985 people and companies, including Google, Apple, Amazon, and Meta, were affected by the FTX crash.

• The lawyers of the bankrupt exchange revealed in a 115-page document that the number of affected investors is much higher than initially thought.

• Notable entities affected by the crash include Apple, Amazon, Google, Meta, Netflix, Microsoft, and more.

The recent collapse of FTX, one of the most prominent crypto exchanges, has sent shockwaves throughout the entire crypto space. In a recent filing with the United States Bankruptcy Court for the District of Delaware, the lawyers of the bankrupt exchange revealed that over 9.7 million companies and individuals have been affected by the collapse.

The extensive list of creditors includes some of the biggest names in the industry, such as Apple, Amazon, Google, Microsoft, Netflix, and Meta. The document also listed smaller entities, such as local businesses, as well as government entities, such as the Australian government.

The filing has demonstrated that the number of investors affected by the FTX crash is significantly higher than initially thought. This is because the exchange accepted deposits from both individual and corporate entities, allowing them to buy and sell cryptocurrencies.

The FTX collapse has been one of the most devastating events to hit the crypto community in recent times. The exchange was initially thought to be one of the most secure and reliable platforms in the world. However, its sudden collapse has left thousands of investors in shock, as they were unable to withdraw their funds before the exchange went offline.

The filing also revealed that the FTX collapse has caused significant financial losses for those affected. The lawyers of the exchange have estimated that the total losses could be up to $10 billion. This figure is expected to rise as more investors come forward to file claims against the exchange.

At this time, it remains unclear what caused the collapse of the exchange. However, it is believed that the exchange may have been the victim of a malicious attack from hackers, who were able to gain access to the exchange’s private keys.

The fallout from the FTX collapse is still ongoing, and it remains to be seen how the affected investors will be compensated. In the meantime, the crypto community is hoping that the exchange’s bankruptcy filing will shed some light onto the cause of the collapse, and prevent similar events from occurring in the future.