US IRS Files $44B Claims against FTX and Its Subsidiaries

US IRS Files $44B Claims against FTX and Its Subsidiaries

The US Internal Revenue Service (IRS) filed 45 claims worth $44 billion against bankrupt FTX and its subsidiaries on April 27th and 28th, Kroll's website shows, which is FTX's claims agent.

The largest of the claims includes a $20.4 billion and a $7.9 billion claim against Alameda Research LLC. The IRS filed the claims under "administrative priority", which could allow the its claims to take precedence over the claims of other creditors in a bankruptcy case.

Last month, FTX's attorney said on a hearing that FTX had recovered $7.3 billion assets.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

FTX

In This Article

Related News
FTX Plans to Repay Customers in Full and The Exchange will not Re-start FTX Plans to Repay Customers in Full and The Exchange will not Re-start
FXT Claims Now Trading at almost 80 cents to the Dollar FXT Claims Now Trading at almost 80 cents to the Dollar
FTX Sold More than Two-thirds of its Grayscale Bitcoin Trust Shares FTX Sold More than Two-thirds of its Grayscale Bitcoin Trust Shares
FTX Submitted Customers Claims Estimation based on Nov.11, 2022 Price with $BTC Priced at $16,871 FTX Submitted Customers Claims Estimation based on Nov.11, 2022 Price with $BTC Priced at $16,871
IRS Claims FTX Owes Up to $24B in Unpaid Taxes, More Than Estate's Assets IRS Claims FTX Owes Up to $24B in Unpaid Taxes, More Than Estate's Assets
Latest News More More
2 Hours Ago Starknet Token Dumped by Nethermind and Airdrop Farmers
7 Hours Ago Wormhole to Use AMD's Chip to Facilicate Cross-chain Messaging
8 Hours Ago S&P Global Predicts $ETH ETF Approval in May, Raises Concern over Staking Concentration Risk
1 Day Ago Stellar Launched Smart Contracts Platform
1 Day Ago Crypto Community Expresses Concern Over Ethena's 27% USDe Yield
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open