- New documents in FTX's bankruptcy case have revealed who is owed money by the collapsed crypto firm.
- The Margaritaville beach resort in The Bahamas is seeking $55,319 from Alameda Research.
New documents in $4 show that the company owes over $55,000 to the Bahamas Margaritaville beach resort, which was founded by the singer Jimmy Buffett.
On Monday, lawyers for FTX filed lists of the top 50 creditors for the companies related to Sam Bankman-Fried and his crypto exchange.
Margaritaville's claim for $55,319 makes it the fourth-largest creditor to $4 – the high-risk trading firm which $4 to have suspiciously close ties to FTX, which led to its collapse.
$4 is named after his 1977 hit song of the same name, which celebrated the tropical lifestyle.
Eight years after its release, he founded a restaurant chain which later expanded to include hotels, and even a $1 billion $4
The 4-star hotel sits on the beach in Nassau, and the most expensive Presidential Suite costs over $3,300-per-night. That means the FTX bill could have bought over two weeks in the best room.
Margaritaville's luxuries include $160 Tomahawk steaks at the fine dining restaurant named after Buffett, or $62 bottles of prosecco at the bar – but you'd have to get through 892 of them to reach the same debt as FTX.
The resort also provides a service for large meetings and corporate events, and a docking service for yachts.
Insider's attempts to contact the resort via phone and email to try to learn specifically what FTX might have spent the money on were unsuccessful.
The latest court documents also show that Alameda's top creditor is Amazon Web Services, which it owes $4.6 million.
But that pales in comparison compared to the FTX side of the business, where one unnamed customer is seeking $226 million.
FTX did not immediately respond to a request for comment.