Jakarta, CNBC Indonesia – The FTX Crypto Exchange has filed for bankruptcy protection in a US court. They almost have to Rp. 3.1 billion or the equivalent of Rp. 48.4 trillion (exchange rate Rp. 15,600/US$) to 50 creditors.
“The Exchange owes approximately $1.45 billion to its top 10 creditors,” it said in court on Saturday (11/19/2022), citing Reuters, on Sunday (11/20/2022).
FTX and its affiliates filed for bankruptcy in Delaware on Nov. 11, causing an estimated 1 million customers and investors to lose billions of dollars.
The exchange has also initiated a strategic review of its global assets and is preparing to sell or restructure some assets.
Currently the Commodity Futures Trading Regulatory Agency or Bappebti has halted trading of the FTX crypto token in Indonesia.
The cancellation was made last Monday (14/11/2022). Previously, FTX was included in the list of 383 cryptocurrencies in the CoFTRA regulation number 11 of 2022 concerning the establishment of lists of cryptocurrencies traded on the physical cryptocurrency market.
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(emy/me)
