Sam Bankman Fried‘s now defunct cryptocurrency exchange FTX FTT/USD owes its top 50 unsecured creditors over $3.1 billion, with two customers each owing over $200 million, a recent court filing found.

What happened: Corresponding Bloomberg, FTX-affiliated companies owe more than $226 million to their largest unsecured creditor. The documents show that all of them are listed as customers and have 10 claims of more than $100 million.

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Among the creditors, whose identities and whereabouts have not been released, 50 of FTX’s largest claims are owed over $21 million, the report said.

Why it matters: In insolvency proceedings, bankrupt companies must provide information about their debts in the USA. FTX’s creditors will have an opportunity to weigh the best way for the company to pay down its debt as the bankruptcy unfolds.

Attorneys for FTX said in preliminary court filings that the company had assets and liabilities of at least $10 billion each. More than a million creditors could be involved in the case, according to FTX lawyers.

Price promotion: FTT is currently trading at $1.30, down 10.72% at the time of writing. according to Benzinga Pro.

Continue reading: Bitcoin, Ethereum, Dogecoin Tumble: Analyst Sees Another Bear Rally As FTX Fallout Continues To Shake Crypto Market