SEC Charges Samuel Bankman-Fried with Defrauding Investors in FTX [pdf](sec.gov)

  Creditors with a mortgage or fixed charge: assets secured in this way are outside the scope of the insolvency.
  Costs of insolvency proceedings: all costs and expenses properly incurred in the company's winding-up (including liquidator's fees).
  Employees' debts: sums due to employees under the terms of their employment contract.
  Preferential payments, such as unpaid taxes, contributions to occupational pension schemes and liability for compensation for injury or occupational disease.
  Creditors with a floating charge.
  Unsecured creditors.
  Shareholder loans.
  Shareholders' equity.

  Under the Bankruptcy Code, the priority of allowed claims and interests is, in descending order:

  Secured claims.
  Administrative expenses and priority claims.
  General unsecured claims.
  Subordinated claims.
  Equity interests.

  Outside of bankruptcy, creditor ranking is determined by state law and in certain circumstances, the agreement of the parties, such as in an intercreditor agreement. In bankruptcy, the priority of creditors' claims and interests in a debtor's estate is set out in the Bankruptcy Code.