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IRS Files $44 Billion Claim Against FTX and Its Affiliates in Bankruptcy

FTX
FTX

The Internal Revenue Service (IRS) in the United States has filed claims worth almost $44 billion against the estate of bankrupt cryptocurrency exchange FTX and its affiliated companies. The claims were filed on April 27 and 28, with the IRS putting forward 45 claims against FTX companies, including West Realm Shires (the legal entity of FTX.US), Ledger Holdings (the parent company of LedgerX and LedgerPrime), and Blockfolio, among others.

RVI

The IRS claims have been filed under the classification “Admin Priority,” which could mean that they take precedence over the claims of other creditors in the bankruptcy case.

IRS Claims against Alameda Research LLC

The largest of the claims filed by the IRS includes a $20.4 billion claim against Alameda Research LLC and a $7.9 billion claim against the same company. Additionally, the IRS has filed two claims against Alameda Research Holdings Inc. totaling $9.5 billion. According to bankruptcy documents, the $20.4 billion claim against Alameda Research LLC is related to partnership taxes, with the remaining amount comprising withheld income taxes and payroll taxes.