Chaos overloaded: Over 120 firms affiliated with FTX are filing for bankruptcy

So guys we all know that FTX acquired a lot of companies, especially after LUNA and UST crashed in may and a lot of companies were filing for bankruptcy, FTX bailed them out by acquiring their companies, although they still acquired some companies like LedgerX, Blockfolio, and Liquid before LUNA and UST 100% crash, LedgerX was acquired by FTX a year ago in September, Blockfolio was acquired by FTX 2 years ago in August and as for Liquid, FTX acquired it earlier this year around February before Terra LUNA and its stablecoin UST thought about crashing.

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Now, out of the 134 Companies under FTX bankruptcy filing over 120 firms affiliated with FTX are filing for bankruptcy as well according to a news report I read a few minutes ago, although the full list of companies filing for bankruptcy was not disclosed yet, a lot of people are very much concerned if LedgerX an institutional derivatives exchange platform for digital currencies was part of the list.

I guess maybe they are mistaken LedgerX an institutional derivatives exchange platform for digital currencies for Ledger a cold wallet that allows you to own your keys and your crypto by keeping them safe offline away from any crypto exchange that can be hacked, so I guess maybe that was why they were so scared and curious to know if LedgerX was amongst the companies acquired by FTX that was filing for bankruptcy, although I could be wrong though but that is my opinion.

Here is a full list of all 134 companies under FTX bankruptcy filing according to Gizmo Times

  1. Alameda Aus Pty Ltd

  2. Alameda Global Services Ltd.

  3. Alameda Research (Bahamas) Ltd

  4. Alameda Research Holdings Inc.

  5. Alameda Research KK

  6. Alameda Research LLC

  7. Alameda Research Ltd

  8. Alameda Research Pte Ltd

  9. Alameda Research Yankari Ltd

  10. Alameda TR Ltd

  11. Alameda TR Systems S. de R. L.

  12. Allston Way Ltd

  13. Altalix Ltd

  14. Analisya Pte Ltd

  15. Atlantis Technology Ltd.

  16. Bancroft Way Ltd

  17. Bitvo, Inc.

  18. Blockfolio Holdings, Inc.

  19. Blockfolio, Inc.

  20. Blue Ridge Ltd

  21. BTLS Limited Tanzania

  22. Cardinal Ventures Ltd

  23. Cedar Bay Ltd

  24. Cedar Grove Technology Services, Ltd

  25. Clifton Bay Investments LLC

  26. Clifton Bay Investments Ltd

  27. CM-Equity AG

  28. Corner Stone Staffing

  29. Cottonwood Grove Ltd

  30. Cottonwood Technologies Ltd.

  31. Crypto Bahamas LLC

  32. DAAG Trading, DMCC

  33. Deck Technologies Holdings LLC

  34. Deck Technologies Inc.

  35. Deep Creek Ltd

  36. Digital Custody Inc.

  37. Euclid Way Ltd

  38. FTX (Gibraltar) Ltd

  39. FTX Canada Inc

  40. FTX Certificates GmbH

  41. FTX Crypto Services Ltd.

  42. FTX Digital Assets LLC

  43. FTX Digital Holdings (Singapore) Pte Ltd

  44. FTX EMEA Ltd.

  45. FTX Equity Record Holdings Ltd

  46. FTX Europe AG

  47. FTX Exchange FZE

  48. FTX Hong Kong Ltd

  49. FTX Japan Holdings K.K.

  50. FTX Japan K.K.

  51. FTX Japan Services KK

  52. FTX Lend Inc.

  53. FTX Marketplace, Inc.

  54. FTX Products (Singapore) Pte Ltd

  55. FTX Property Holdings Ltd

  56. FTX Services Solutions Ltd.

  57. FTX Structured Products AG

  58. FTX Switzerland GmbH

  59. FTX Trading GmbH

  60. FTX Trading Ltd

  61. FTX TURKEY TEKNOLOJİ VE TİCARET ANONİM ŞİRKET

  62. FTX US Derivatives LLC

  63. FTX US Services, Inc.

  64. FTX US Trading, Inc

  65. FTX Vault Trust Company

  66. FTX Ventures Ltd

  67. FTX Ventures Partnership

  68. FTX Zuma Ltd

  69. GG Trading Terminal Ltd

  70. Global Compass Dynamics Ltd.

  71. Good Luck Games, LLC

  72. Goodman Investments Ltd.

  73. Hannam Group Inc

  74. Hawaii Digital Assets Inc.

  75. Hilltop Technology Services LLC

  76. Hive Empire Trading Pty Ltd

  77. Innovatia Ltd

  78. Island Bay Ventures Inc

  79. K-DNA Financial Services Ltd

  80. Killarney Lake Investments Ltd

  81. Ledger Holdings Inc.

  82. LedgerPrime Bitcoin Yield Enhancement Fund, LLC

  83. LedgerPrime Bitcoin Yield Enhancement Master Fund LP

  84. LedgerPrime Digital Asset Opportunities Fund, LLC

  85. LedgerPrime Digital Asset Opportunities Master Fund LP

  86. Ledger Prime LLC

  87. LedgerPrime Ventures, LP

  88. Liquid Financial USA Inc.

  89. LiquidEX LLC

  90. Liquid Securities Singapore Pte Ltd

  91. LT Baskets Ltd.

  92. Maclaurin Investments Ltd.

  93. Mangrove Cay Ltd

  94. North Dimension Inc

  95. North Dimension Ltd

  96. North Wireless Dimension Inc

  97. Paper Bird Inc

  98. Pioneer Street Inc.

  99. Quoine India Pte Ltd

  100. Quoine Pte Ltd

  101. Quoine Vietnam Co. Ltd

  102. SNG INVESTMENTS YATIRIM VE DANIŞMANLIK ANONİM ŞİRKETİ

  103. Strategy Ark Collective Ltd.

  104. Technology Services Bahamas Limited

  105. Tigetwit Ltd

  106. Verdant Canyon Capital LLC

  107. West Innovative Barista Ltd.

  108. West Realm Shires Financial Services Inc.

  109. West Realm Shires Services Inc.

  110. Western Concord Enterprises Ltd.

  111. Zubr Exchange Ltd

I really feel for all the customers that are affected by this FTX saga, because it is bad enough that we have been surviving this bear market for one year now, and FTX tanked the entire crypto market more than before when the balance sheet was leaked and their native token FTT crashed hard, as for surviving the bear market we understand it is a bear market and the crypto market will dip but it will recover some day but those caught in the middle of the FTX bankruptcy saga would not get to see their money again even if the bull run comes.

THANKS GUYS FOR READING MY POST.

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Twitter: @VictorOnwugbenu

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I felt the pain of the investor, and I'm not sure FTX has an insurance plan.
FTX's owner was last seen in Argentina two weeks ago, but we haven't heard anything since.

Because of this crash, some investors will have hypertension.
I'm hoping they can get on their feet soon.
Thank you for sharing this information, you are amazing

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