Bloomberg Law
March 16, 2023, 1:12 AM

FTX Debtors File Schedules & Statements of Financial Affairs

Hari Govind
Hari Govind
Bloomberg News

FTX Trading and its affiliated debtors filed Schedules of Assets and Liabilities and Statements of Financial Affairs for all Debtor entities involved in their Chapter 11 proceedings.

  • The Schedules and SOFAs filed describe $3.2 billion in payments and loans to founders, chiefly from Alameda Research
  • These amounts exclude over $240 million spent to purchase luxury property in the Bahamas, political and charitable donations made directly by the FTX Debtors, and substantial transfers to non-Debtor subsidiaries in the Bahamas and other jurisdictions

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