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FTX may have more than 1m creditors and is co-operating with dozens of regulatory investigations around the world

According to BlockBeats, on Nov. 15, according to a court filing, FTX's new chief executive, veteran bankruptcy regulator John J. Ray III, is working with legal, cybersecurity and legal advisers on the company's numerous subsidiaries and their respective bankruptcy proceedings, and is cooperating with dozens of regulatory investigations around the world. In addition, FTX said in the filing that it could have more than 1m potential creditors.
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The identities of the top 50 creditors are being kept secret; the next hearing is scheduled for December 16.
"If I can focus more on what I'm doing, I can do it more thoroughly, and that will give me a sense of where the risk is."
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