Read the transcript of text between FTX executives

GOVERNMENT EXHIBIT

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22 Cr. 673 (LAK)

small group chat

Caroline Ellison, Sam Bankman-Fried, Joe Bankman, Ramnik Arora, Zach Dexter, Ryne Miller, C, Can Sun, Constance, Ryan Salame, Nishad Singh, V, Gary Wang

Sam Bankman-Fried

so right now, I’m guessing we have something like:

1) $300m BTC

2) $200m in banks

3) $500m that we can get from ibkr, $1b-$1.5b longer term

4) _maybe_ $500m from HOOD, but I don’t fully trust that that’s true

5) is the $200m from circle still out there?

so that’s roughly $1-2b left

2:29 AM

we’ve processed about $3.6b so far, not including the pending withdrawals

Caroline Ellison

I think Alameda can get more than

that by scraping stuff together and

closing our remaining positions?

Sam Bankman-Fried

how much would you guess?

Sam Bankman-Fried

lbkr

btc

exch

modulo

gbtc

hood?

banks

Caroline Ellison

maybe 1b from crypto exchanges? Plus there’s our EDF collateral, and $400m of GBTC/ETHE/BITW(though that one’s dubious)

total

3.9

does this look right on a

week timescale?

lbkr 1.5

btc 0.3

exch 1

modulo 0.3

gbtc 0.3

hood? 0.3 banks 0.2

total 3.9

also checking if we can get our investment back from ledger prime, that’s $200m they apparently have invested in treasuries rn

Sam Bankman-Fried

lbkr

btc

exch modulo

gbtc

hood?

banks

total

2:44 AM

1.5

0.3

1

0.3

0.3

0.3

0.2

Caroline Ellison

seems ballpark reasonable

3:06 AM

cust assets? difference

Send a message

11/7/2022

3:04 AM

1.5

0.3

1

0.3

0.3

0.3

0.2

3.9

2:44 AM

12 8.1

2:34 AM

3:08 AM

2:47 AM

Q

2:48 AM

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