In another day of contagion for FTX and Alameda Research, certain bankruptcy documents have been released.
The list of ‘Creditors Who Have the 50 Largest Unsecured Claims and Are Not Insiders’ is mainly made up of law firms and unsettled payments. However, the top payable claim is for Amazon Web Services (AWS) totaling $4,664,966.
The list of top creditors who are not insiders. Source: Kroll
Even for large corporations, this is a large AWS bill. Some community members believe this is due to the intense machine learning environments that Alameda may have deployed.
Though it is likely that Alameda was running resource-heavy machine learning environments with AWS, this is more an example of Alameda not paying their bills. By comparison, Facebook spends $11m per month on AWS.
The evidence stacks up as the list of payables continues. Even Bahamas bar Margaritaville Beach Resort is owed…