TechFlow news, according to CoinDesk, the U.S. Internal Revenue Service (IRS) has filed claims worth nearly $44 billion against the bankrupt cryptocurrency exchange FTX and its affiliated entities. These claims were submitted under the category of "administrative priority," which could give the IRS's claims precedence over those of other creditors in the bankruptcy proceedings.
The largest claims include a $20.4 billion claim and a $7.9 billion claim against Alameda Research LLC, as well as two claims totaling $9.5 billion against Alameda Research Holdings Inc.
Bankruptcy filings detail the $20.4 billion claim against Alameda Research LLC, which includes approximately $20 billion in partnership taxes, along with several hundred million dollars in withheld income and payroll taxes.
FTX's bankruptcy attorneys stated that they identified various assets exceeding $5 billion during a hearing in January 2023, and in its initial bankruptcy filing, the company estimated its total assets to be between $1 billion and $10 billion. However, these figures have changed in recent months as FTX management uncovered additional funds.