U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy

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U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy
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The United States IRS has filed $43.8 billion in claims in FTX’s ongoing bankruptcy. 0x_tracy reports

The largest of the claims includes a $20.4 billion and a $7.9 billion claim against Alameda Research LLC and two claims totaling $9.5 billion against Alameda Research Holdings Inc.under the classification “Admin Priority”, which could allow the IRS’ claims to take precedence over the claims of other creditors in a bankruptcy case.

Bankruptcy documents detailing the $20.4 billion claim against Alameda Research LLC reveal the IRS is claiming about $20 billion in. The remaining amount of the claim includes millions in withheld income taxes and payroll taxes. “Federal law prevents the IRS from confirming or denying any correspondence with regard to any taxpayer case,” said a spokesperson for the IRS., and in initial bankruptcy filings the company said it estimated it had somewhere between $1 billion and $10 billion in assets overall. These figures have changed as the company’s management has located additional funds through the last few months.

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