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

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

May 11,2023,08:12

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.

 

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