Crypto News

Goldman Sachs Denies Creditor Status in FTX Bankruptcy

Goldman Sachs has distanced itself from crypto exchange FTX

Goldman Sachs has distanced itself from crypto exchange FTX, which filed for Chapter 11 bankruptcy in November after a $6 billion bank run fueled by rumors of insolvency and allegations of commingling user funds with sister trading firm Alameda Research.

Documents filed on Wednesday in Delaware’s US Bankruptcy Court list thousands of potential FTX creditors, including Goldman Sachs, JPMorgan Chase, HSBC, BNY Mellon and other financial services firms, as well as crypto firms, airlines and tech companies.

However, a Goldman Sachs spokesperson said the bank is not an FTX creditor and that the document filed is not necessarily evidence of a creditor relationship.

Other firms listed in the document also declined to comment or did not immediately respond to requests for comment.


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