Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 1 of 25
`Case 22-11068-JTD Doc 792-1
`Filed 03/02/23 Page 1 of 25
`
`EXHIBIT A
`EXHIBIT A
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 2 of 25
`
`Preliminary Analysis of Shortfalls
`at FTX.COM and FTX.US
`
`March 2, 2023
`
`Preliminary / Subject to Material Change
`
`Materials for Official Committee and Other Stakeholders
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 3 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`General Disclaimer
`
`The limiting conditions, qualifications, assumptions and disclaimers set forth herein are an integral part of this Presentation, must be reviewed in
`conjunction herewith, and may not be modified or distributed separately.
`
`Limitations of Presentation
`
`This presentation and the information contained herein (the “Presentation”) has been prepared at the direction of FTX Trading Ltd. (d.b.a. FTX.com)
`and approximately 100 additional affiliated companies (together, the “Company”) for its own business purposes with the assistance of Alvarez &
`Marsal North America, LLC (“A&M”). The information herein reflects and/or is based upon financial and other information provided to A&M by the
`Company, including management, staff, contract staff and other advisors of the Company, as well as other sources. A&M has relied upon, and
`assumed, without independent verification, the accuracy and completeness of such information, and make no representation or warranty as to the
`accuracy or completeness of, and otherwise assumes no liability with respect to, the Presentation or the information upon which the Presentation is
`based.
`
`In the event this Presentation contains or involves prospective financial or forward-looking information, this information was prepared by the
`Company’s management and does not constitute an examination, compilation or agreed-upon procedures in accordance with standards established
`by the American Institute of Certified Public Accountants, and A&M expresses no assurance of any kind on such information. Further, the work to
`prepare the Presentation did not include a detailed review of any transactions, and cannot be expected to identify errors, irregularities or illegal acts,
`including fraud or defalcations that may exist.
`In addition, any references to estimated value or recoveries included in this Presentation are
`preliminary in nature, provided for informational purposes only, subject to material change and not valuations of any kind. It is expected that there
`will be differences between estimated and actual results, because events and circumstances frequently do not occur as expected, and these
`differences may be material. Accordingly, A&M cannot and does not express an opinion or any other form of assurance on, and assumed no
`responsibility for, the accuracy or correctness of the historical information, the accuracy of any valuation or estimate, or the completeness and
`achievability of any of the projected financial data, information and assessments upon which the Presentation is based on.
`
`The subject matter of this Presentation will be subject to further work, revisions and other factors which means that this version may be substantially
`different from any final report or advice issued.
`
`The Presentation does not constitute a recommendation as to what action, if any, any person should take with respect to any claims and/or
`securities, nor does the Presentation constitute a recommendation regarding the accounting, tax, financial, legal or regulatory aspects of any
`proposed or possible outcome of the Company’s restructuring.
`
`No Third Party Reliance
`
`This Presentation and any related informational updates are provided only in connection with the purpose of a public case update in respect of
`which the services are being provided. In no event, regardless of whether consent has been provided, shall A&M or any other advisor to or
`representative of the Company assume any responsibility, liability or duty of care to any claimholder, person or entity other than the Company
`(“Third Party”) to which any of this preliminary information is disclosed or otherwise made available. This Presentation does not necessarily take
`account of those matters or issues which might be of relevance to any Third Parties and any Third Party is responsible for conducting its own
`investigation with respect to the Presentation and any related transactions or activities. A&M makes no representation or warranty, express or
`implied, to any Third Party on which any such party may rely with respect to the Information, including without limitation, as to accuracy or
`completeness, the inclusion or omission of any facts or information, or as to its suitability, sufficiency or appropriateness for the purposes of any
`such party.
`
`2
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 4 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Nature and Limitations of Presentation
`
`1. On January 17, 2023, the FTX Debtors presented preliminary information to the Official Committee of Creditors
`on the FTX Debtors’ consolidated assets, recovery efforts and other matters. The presentation was made
`public on the same day and is available at https://restructuring.ra.kroll.com/FTX/
`
`2. This second presentation of preliminary information, part of what the FTX Debtors anticipate will be a series,
`shows digital assets and fiat associated with the exchanges at commencement (the “Petition Time”) of the
`chapter 11 case for FTX Trading Ltd., the owner and operator of FTX.COM (“FTX Trading”), and West Realm
`Shires Financial Services, Inc., the owner and operator of FTX.US (“WRSFS”), excluding digital assets and/or
`fiat associated with the Japan, Cyprus and Singapore exchanges, and with Alameda or other FTX Debtors.
`
`3. The FTX Debtors’ analysis is ongoing, and complicated by the incomplete nature of the books and records
`maintained by pre-petition management. As a result, the information in this presentation is preliminary and
`subject to material change as new, additional or conflicting information is identified, and it should not be relied
`upon for any purpose. The FTX Debtors are disclosing this presentation at this time because they determined
`that the need for transparency, and to ensure that all stakeholders have roughly contemporaneous access to
`the preliminary information as it develops, outweighs the interest in delaying disclosure until the relevant
`information is no longer reasonably subject to change.
`
`4. In particular, it is not possible to calculate or predict customer recoveries based on the preliminary
`information in this presentation. Among other reasons:
`
`‒ The presentation does not attempt to adjust for commingling of assets or insider access to assets,
`which may be the subject of future, material adjustments.
`
`‒ Actual recoveries will depend on many facts and factors, including (a) the extent of other assets
`and liabilities of FTX Trading and WRSFS, (b) the nature of intercompany payables and receivables,
`(c) claims and causes of action, (d) the resolution of numerous legal issues, (e) recoveries from the
`liquidation, sale or reorganization of over a hundred companies comprising the FTX group
`globally, and (f) fluctuations in the value of assets.
`
`3
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 5 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Timeline of Work to Determine Exchange Shortfalls
`
`Chapter 11 Filing
`November 11, 2022
`
`Cyber Attack
`
`Preliminary Customer
`Balances Published
`Today
`
`Initial Analysis Completed
`Significant Balance Issues Identified
`December 29, 2022
`
`Rapidly Secured FTX
`Computing Environment
`
`Rapidly Secured Assets
`to Cold Storage
`
`Customer Balance
`Review Started
`December 6, 2022
`
`Developed Script & Reconciled Exchange Data
`FTX data team, engineers and advisors utilized script & exchange
`data reconciliation to produce preliminary customer balances
`
`Performed Preliminary Asset Tracing
`Performed on-chain asset tracing to originating
`exchange addresses for all identified assets and
`unauthorized transfers
`
`Data Complexity:
`
`120 Billion
`Rows of User Transaction Data
`
`Incomplete Leveraged Tokens
`& Derivatives Data
`
`Compromised FTX
`Computer Environment
`
`14 Million
`Wallet Addresses
`
`Challenges in Identifying
`Related Party Balances
`
`Abnormal Internal
`User Accounts
`
`4
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 6 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Hurdles in Determining Preliminary Balances
`
`Access to key data was limited while the FTX Debtors’ computing environment was secured in the
`aftermath of the cyber attack, and remains subject to certain restrictions necessary for security purposes.
`
`Calculate balances as of the precise Petition
`Time
`
`Validate pricing and treatment of futures and
`derivatives contracts
`
`Recalculate leverage token pricing & valuation
`
`1
`
`2
`
`3
`
`4
`
`Determine appropriateness of source of pricing
`
`Preliminary Customer
`Balances Published
`Today
`
`5
`
`6
`
`7
`
`Lack of recordkeeping & documentation resulting
`in challenges in locating crypto assets
`
`Review of certain accounts and tokens to
`understand activity and determine inclusion /
`exclusion in balance
`
`On-chain crypto tracing across dozens of
`blockchains conducted to validate source
`wallets by exchange
`
`5
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 7 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Assumptions and Notes on Analysis
`
`1. Tokens have been broken down into two categories:
`
`a)
`
`b)
`
`“Category A Assets” are tokens with (i) a market capitalization of at least $15M and (ii) an average daily
`trading volume of at least $1M during the past 30 days, in each case measured at February 2, 2023.
`“Category B Assets” are tokens that do not satisfy the test for Category A Assets or which are largely held
`and/or controlled by the estate.
`
`2. Digital assets and/or fiat associated with the Japan, Cyprus and Singapore exchanges, and with Alameda or other
`FTX Debtors, are excluded.
`
`3. All pricing is as of the Petition Time based on preliminary information from CoinMarketCap (“Petition Time Pricing”).
`Petition Time Pricing may not reflect the actual market value of positions, especially for Category B Assets, or the
`valuation to be used by the FTX Debtors for other purposes.
`
`4. Certain tokens carried at fixed values are excluded entirely because they do not have an active trading market
`(FTX Equity, West Realm Equity, etc.).
`
`5. To simplify the presentation, certain internal accounts are excluded from the analysis and related party and third
`party accounts have been netted where considered appropriate based on current information.
`
`6. As previously noted, the information set forth in this presentation is preliminary and subject to material change as
`new, additional or conflicting information is identified. As a result, the information should not be relied upon for any
`purpose including, but not limited to, estimating recoveries in the FTX Debtors’ Chapter 11 cases.
`
`6
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 8 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Preliminary Takeaways
`
`1
`
`2
`
`3
`
`4
`
`5
`
`The FTX Debtors have identified and inventoried substantially all wallets associated with the FTX.COM and
`FTX.US exchanges. Both exchanges generally held digital assets in sweep wallets which were not segregated
`for individual customers.
`
`FTX’s pre-petition management used the FTX.COM and FTX.US sweep wallets to store, borrow and lend
`digital assets for the proprietary account of the FTX Debtors and a large number of related parties, including
`employees, suppliers, vendors and business partners, as well as exchange customers.
`
`There is a massive shortfall at the FTX.COM exchange at the Petition Time, defined as the difference between
`digital asset claims on the ledger of FTX.COM and digital assets available to satisfy those claims. The shortfall
`is especially pronounced for Category A Assets. Only a small amount of cash, stablecoin, BTC, ETH and
`other Category A Assets remain in wallets preliminarily sourced to the FTX.COM exchange.
`
`The shortfall is smaller at FTX.US, but still significant. In addition to FTX.US customers, other FTX Debtors
`and related parties maintained a $128 million (net) receivable position from FTX.US at the Petition Time.
`Accordingly, creditors of other FTX Debtors, including FTX.COM customers, may have an indirect interest in
`assets at the FTX.US exchange.
`
`Prior to the FTX Debtors obtaining custody of digital assets from pre-petition management, unauthorized
`transfers removed an additional $293 million from wallets preliminarily sourced to the FTX.COM exchange and
`$139 million from wallets preliminarily sourced to the FTX.US exchange.
`
`7
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 9 of 25
`Case 22-11068-JTD Doc 792-1
`Filed 03/02/23 Page 9 of 25
`
`“= FTX.com
`
`.com
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 10 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Petition Time Balances
`
`USD Millions at Petition Time Pricing
`Excludes Japan, Singapore and Cyprus Local Exchanges
`
`.com
`
`Related party payables and receivables include $9.3B
`of net borrowing by Alameda from FTX.com
`
`$16,080
`
`$16,080
`
`Related Party Payables1
`$4,847
`
`See page 11
`for detail
`
`Related Party Receivables1
`$13,246
`
`Customer Payables2
`$11,233
`
`Unauthorized Transfers
`$293
`
`Customer Receivables2
`$385
`
`Located Assets3
`$2,155
`
`Liabilities4,5
`
`Assets4
`
`Notes:
`1.
`Related Parties include founder accounts (Sam Bankman-Fried, Gary Wang, and Nishad Singh), Alameda Research accounts, FTX.com affiliate and FTX US affiliate accounts. Employee accounts are included in customer
`liabilities. Creditors in other silos may have an indirect interest in Related Party Payables.
`Customer balances may include unidentified founder, related party or disqualified accounts.
`Includes [restricted] cash of $19M and $93M in FDM accounts as of 12/16/2022. Excludes FTT and SRM in custody of the Securities Commission of The Bahamas.
`Balances combine and net subaccount payables and are subject to continuing review.
`Several fiat withdrawals were initiated but in a pending status in the AWS system due to exchange shutdown procedures; fiat withdrawal tracing on-going to review successful withdrawals (est. impact up to $200M liability
`decrease).
`
`2.
`3.
`4.
`5.
`
`9
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 11 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Petition Time Balances by Token
`
`USD Millions at Petition Time Pricing
`
`.com
`
`Comparison of customer liabilities and assets for top located tokens, cash, and stablecoins by category
`
`Notes:
`1.
`(Deficit) / Surplus excludes $293M of unauthorized transfers preliminarily sourced to the FTX.COM exchange.
`
`10
`
`Token
`
`Category A
`
`Customer Payables
`
`Located Assets
`
`Customer Receivables
`
`Total Assets
`
`(Deficit) / Surplus1
`
`Cash / Stablecoin
`
`$
`6,991
`
`$
`270
`
`$
`310
`
`$
`580
`
`$
`(6,411)
`
`BTC
`
`ETH
`
`SOL
`
`XRP
`
`BNB
`
`MATIC
`
`TRX
`
`All Other
`
`
`1,591
`
`
`1
`
`
`5
`
`
`6
`
`
`(1,585)
`
`
`922
`
`
`9
`
`
`42
`
`
`52
`
`
`(870)
`
`
`118
`
`
`2
`
`
`7
`
`
`9
`
`
`(109)
`
`
`93
`
`
`12
`
`
`3
`
`
`14
`
`
`(79)
`
`
`68
`
`
`5
`
`
`2
`
`
`7
`
`
`(61)
`
`
`65
`
`
`45
`
`
`1
`
`
`46
`
`
`(19)
`
`
`62
`
`
`18
`
`
`2
`
`
`20
`
`
`(43)
`
`
`635
`
`
`334
`
`Total Category A
`
`
`10,544
`
`
`694
`
`
`383
`
`
`1,078
`
`
`(9,466)
`
`
`11
`
`
`345
`
`
`(290)
`
`Category B
`
`FTT
`
`MAPS
`
`SRM
`
`FIDA
`
`MEDIA
`
`All Other
`
`
`441
`
`
`130
`
`
`0
`
`
`130
`
`
`(312)
`
`
`96
`
`
`1,004
`
`
`-
`
`
`1,004
`
`
`909
`
`
`56
`
`
`157
`
`
`1
`
`
`158
`
`
`102
`
`
`4
`
`
`59
`
`
`0
`
`
`59
`
`
`55
`
`
`0
`
`
`38
`
`
`-
`
`
`38
`
`
`38
`
`
`93
`
`
`72
`
`
`1
`
`
`73
`
`
`(19)
`
`Total Category B
`
`
`690
`
`
`1,461
`
`
`2
`
`
`1,462
`
`
`773
`
`Total
`
`$
`11,233
`
`$
`2,155
`
`$
`385
`
`$
`2,540
`
`$
`(8,693)
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 12 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Related Party Detail
`
`USD Millions at Petition Time Pricing
`
`.com
`
`Related Party Balances1
`
`Payables
`
`Receivables
`
`Notes:
`1.
`Balances include netting of sub account payables and receivables into the main account; largest impact is to info@alameda-research.com which has both a payable and receivable balance on different sub-accounts for $73B of
`FTT.
`“All Other” may include payables and receivables that have yet to be reclassified to legal entities listed above.
`
`2.
`
`11
`
`#
`
`Related Party
`
`1 Alameda Research LLC
`
`2 Cottonwood Grove LTD
`
`Total
`
`$
`3,535
`
`
`483
`
`3 Maclaurin Investments LTD (fka Alameda Ventures LTD)
`
`
`309
`
`4 FTX Europe AG
`
`5 SNG Investments
`
`6 Founder Accounts
`
`7 FTX Turkey
`
`8 Paper Bird Inc.
`2
`
` All Other
`
`Total Related Party Payables
`
`
`100
`
`
`83
`
`
`16
`
`
`12
`
`
`0
`
`
`310
`
`$
`4,847
`
`#
`
`Related Party
`
`1 Alameda Research LLC
`
`Total
`
`$
`12,842
`
`2 Maclaurin Investments LTD (fka Alameda Ventures LTD)
`
`
`149
`
`3 Founder Accounts
`
`4 Cottonwood Grove LTD
`
`5 Paper Bird Inc.
`2
`
` All Other
`
`Total Related Party Receivables
`
`
`53
`
`
`52
`
`
`21
`
`
`130
`
`$
`13,246
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 13 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Petition Time Balances – Category A Only
`
`.com
`
`USD Millions at Petition Time Pricing
`Excludes Japan, Singapore and Cyprus Local Exchanges
`
`Related party payables and receivables include $9.2B
`of net borrowing by Alameda from FTX.com
`
`$14,424
`
`$14,424
`
`Related Party Payables1
`$3,880
`
`Customer Payables2
`$10,544
`
`Related Party Receivables1
`$13,053
`
`Unauthorized Transfers
`$293
`
`Customer Receivables2
`$383
`
`Located Assets3
`$694
`
`Liabilities4,5
`
`Assets4
`
`Notes:
`1.
`Related Parties include founder accounts (Sam Bankman-Fried, Gary Wang, and Nishad Singh), Alameda Research accounts, FTX.com affiliate and FTX US affiliate accounts. Employee accounts are included in customer
`liabilities. Creditors in other silos may have an indirect interest in Related Party Payables.
`Customer balances may include unidentified founder, related party or disqualified accounts.
`Includes [restricted] cash of $19M and $93M in FDM accounts as of 12/16/2022. Excludes FTT and SRM in custody of the Securities Commission of The Bahamas.
`Balances combine and net subaccount payables and are subject to continuing review.
`Several fiat withdrawals were initiated but in a pending status in the AWS system due to exchange shutdown procedures; fiat withdrawal tracing on-going to review successful withdrawals (est. impact up to $200M liability
`decrease).
`
`2.
`3.
`4.
`5.
`
`12
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 14 of 25
`Case 22-11068-JTD Doc 792-1
`Filed 03/02/23 Page 14 of 25
`
`== FTX US
`FTX US
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 15 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Petition Time Balances
`
`USD Millions at Petition Time Pricing
`
`FTX US
`
`Related party payables and receivables include
`$127M of net payables to Alameda / Paper Bird
`
`$618
`
`$618
`
`Deficit2
`$106
`
`Related Party Payables1
`$283
`
`See page 16
`for detail
`
`Related Party Receivables1
`$155
`
`Customer Payables3
`$335
`
`Liabilities5
`
`Assets5
`
`Unauthorized Transfers
`$139
`
`Customer Receivables3
`$28
`
`Located Assets4
`$191
`
`Notes:
`1.
`Related Parties include founder accounts (Sam Bankman-Fried, Gary Wang, and Nishad Singh), Alameda Research accounts, FTX.com affiliate and FTX US affiliate accounts. Employee accounts are included in customer
`liabilities. Creditors in other silos may have an indirect interest in Related Party Payables.
`A portion of the deficit may be related to the de-pegging of Sollet tokens from their underlying digital assets.
`Customer balances may include unidentified founder, related party or disqualified accounts.
`Located Assets includes [restricted] cash of $24M where property interests are still being reviewed.
`Balances combine and net subaccount payables and are subject to continuing review.
`
`2.
`3.
`4.
`5.
`
`14
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 16 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Petition Time Balances by Token
`
`USD Millions at Petition Time Pricing
`
`FTX US
`
`Comparison of customer liabilities and assets for top located tokens, cash, and stablecoins by category
`
`Notes:
`1.
`(Deficit) / Surplus excludes $139M of unauthorized transfers preliminarily sourced to the FTX.US exchange .
`
`15
`
`Token
`
`Customer Payables
`
`Located Assets
`
`Customer Receivables
`
`Total Assets
`
`(Deficit) / Surplus1
`
`Category A
`
`Cash / Stablecoin
`BTC
`ETH
`SOL
`DOGE
`MATIC
`LINK
`SHIB
`TRX
`UNI
`ALGO
`PAXG
`ETHW
`WBTC
`WETH
`All Other
`Total Category A
`
`Category B
`All Other
`Total Category B
`
`$
`181
`
`66
`
`38
`
`19
`
`9
`
`4
`
`4
`
`3
`
`2
`
`1
`
`1
`
`1
`
`1
`
`0
`
`-
`
`6
`
`335
`
`$
`88
`
`64
`
`7
`
`-
`
`15
`
`0
`
`0
`
`0
`
`6
`
`0
`
`2
`
`-
`
`2
`
`0
`
`1
`
`5
`
`190
`
`$
`28
`
`0
`
`0
`
`0
`
`0
`
`0
`
`0
`
`0
`
`-
`
`0
`
`0
`
`0
`
`0
`
`0
`
`-
`
`0
`
`28
`
`$
`116
`
`64
`
`7
`
`0
`
`15
`
`0
`
`0
`
`0
`
`6
`
`0
`
`2
`
`0
`
`2
`
`0
`
`1
`
`5
`
`219
`
`$
`(65)
`
`(2)
`
`(31)
`
`(19)
`
`6
`
`(4)
`
`(4)
`
`(3)
`
`4
`
`(1)
`
`2
`
`(1)
`
`1
`
`(0)
`
`1
`
`(0)
`
`(116)
`
`
`0
`
`0
`
`
`0
`
`0
`
`
`-
`
`-
`
`
`0
`
`0
`
`
`(0)
`
`(0)
`
`Total
`
`$
`335
`
`$
`191
`
`$
`28
`
`$
`219
`
`$
`(116)
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 17 of 25
`
`SUBJECT TO MATERIAL CHANGE
`
`Related Party Detail
`
`USD Millions at Petition Time Pricing
`
`FTX US
`
`Related Party Balances1
`
`Payables
`
`Receivables
`
`Notes:
`1.
`Balances include netting of sub account payables and receivables into the main account.
`2.
`“All Other” may include payables and receivables that have yet to be reclassified to legal entities listed above.
`
`16
`
`#
`
`Related Party
`
`1 Alameda Research LLC
`2
` All Other
`
`Total Related Party Receivables
`
`Total
`
`$
`155
`
`
`0
`
`$
`155
`
`#
`
`Related Party
`
`1 Alameda Research LLC
`
`2 Paper Bird Inc.
`
`Total
`
`$
`262
`
`
`19
`
`3 Maclaurin Investments LTD (fka Alameda Ventures LTD)
`
`
`0
`
`4 Founder Accounts
`
`5 FTX Digital Markets LTD
`
`6 Blockfolio, Inc.
`2
` All Other
`
`Total Related Party Payables
`
`
`0
`
`
`0
`
`
`0
`
`
`1
`
`$
`283
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 18 of 25
`
`Appendix
`Daily Deposits and Withdrawals Activity
`90 Days Prior to Petition Date
`
`.com
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 19 of 25
`Daily Deposits & Withdrawals
`90 Day Activity: August 14, 2022 to November 11, 2022
`
`USD Millions at Petition Time Pricing
`
`Consolidated
`
`SUBJECT TO MATERIAL CHANGE
`
`.com
`
` 5,000
`
` 4,000
`
` 3,000
`
` 2,000
`
` 1,000
`
` -
`
` 5,000
`
` 4,000
`
` 3,000
`
` 2,000
`
` 1,000
`
` -
`
`8/14
`
`8/21
`
`8/28
`
`9/4
`
`9/11
`
`9/18
`
`9/25
`
`10/2
`
`10/9
`
`10/16
`
`10/23
`
`10/30
`
`11/6
`
`Customers
`
`Alameda & Other Related Parties
`
` 5,000
`
` 4,000
`
` 3,000
`
` 2,000
`
` 1,000
`
` -
`
`[1]
`
`8/14
`
`8/28
`
`9/11
`
`9/25
`
`10/9
`
`10/23
`
`11/6
`
`8/14
`
`8/28
`
`9/11
`
`9/25
`
`10/9
`
`10/23
`
`11/6
`
`Notes:
`1.
`The sharp rise in deposits in the days immediately prior to the petition date include in large part deposits from Alameda
`
`Deposits
`
`Withdrawals
`
`18
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 20 of 25
`Daily Deposits & Withdrawals Activity
`November 1, 2022 Through Petition Date
`
`USD Millions at Petition Time Pricing
`
`Consolidated
`
`SUBJECT TO MATERIAL CHANGE
`
`.com
`
`11/1
`
`11/2
`
`11/3
`
`11/4
`
`11/5
`
`11/6
`
`11/7
`
`11/8
`
`11/9
`
`11/10 11/11
`
` 5,000
`
` 4,000
`
` 3,000
`
` 2,000
`
` 1,000
`
` -
`
`Customers
`
` 5,000
`
` 4,000
`
` 3,000
`
` 2,000
`
` 1,000
`
` -
`
`Alameda & Other Related Parties
`
`11/1
`
`11/2
`
`11/3
`
`11/4
`
`11/5
`
`11/6
`
`11/7
`
`11/8
`
`11/9
`
`11/10 11/11
`
` 5,000
`
` 4,000
`
` 3,000
`
` 2,000
`
` 1,000
`
` -
`
`[1]
`
`Notes:
`1.
`The sharp rise in deposits in the days immediately prior to the petition date include in large part deposits from Alameda
`
`Deposits
`
`Withdrawals
`
`19
`
`11/1
`
`11/2
`
`11/3
`
`11/4
`
`11/5
`
`11/6
`
`11/7
`
`11/8
`
`11/9
`
`11/10 11/11
`
`Date
`
`Deposits
`
`Withdrawals
`
`Net
`
`Cumulative Net
`
`11/1/2022
`11/2/2022
`11/3/2022
`11/4/2022
`11/5/2022
`11/6/2022
`11/7/2022
`11/8/2022
`11/9/2022
`11/10/2022
`11/11/2022
`
`Total
`
`$1,959
`1,341
`1,157
`1,632
`525
`1,752
`3,507
`1,004
`25
`16
`20
`
`($2,419)
`(1,507)
`(1,547)
`(1,444)
`(739)
`(3,306)
`(4,659)
`(983)
`(3)
`(38)
`(64)
`
`($461)
`(166)
`(390)
`189
`(213)
`(1,554)
`(1,152)
`21
`21
`(22)
`(44)
`
`$12,937
`
`($16,710)
`
`($3,773)
`
`($461)
`(627)
`(1,017)
`(828)
`(1,042)
`(2,596)
`(3,748)
`(3,728)
`(3,706)
`(3,728)
`(3,773)
`
`N/A
`
`Date
`
`Deposits
`
`Withdrawals
`
`Net
`
`Cumulative Net
`
`11/1/2022
`11/2/2022
`11/3/2022
`11/4/2022
`11/5/2022
`11/6/2022
`11/7/2022
`11/8/2022
`11/9/2022
`11/10/2022
`11/11/2022
`
`Subtotal
`
`$1,091
`923
`939
`1,068
`446
`425
`929
`414
`20
`14
`20
`
`$6,289
`
`($1,489)
`(1,090)
`(1,459)
`(1,204)
`(626)
`(2,273)
`(4,235)
`(824)
`(3)
`(35)
`(64)
`
`($398)
`(167)
`(519)
`(136)
`(181)
`(1,848)
`(3,306)
`(410)
`17
`(21)
`(44)
`
`($13,303)
`
`($7,014)
`
`($398)
`(566)
`(1,085)
`(1,221)
`(1,402)
`(3,250)
`(6,556)
`(6,965)
`(6,948)
`(6,969)
`(7,014)
`
`N/A
`
`Date
`
`Deposits
`
`Withdrawals
`
`Net
`
`Cumulative Net
`
`11/1/2022
`11/2/2022
`11/3/2022
`11/4/2022
`11/5/2022
`11/6/2022
`11/7/2022
`11/8/2022
`11/9/2022
`11/10/2022
`11/11/2022
`
`Subtotal
`
`$868
`417
`218
`565
`80
`1,327
`2,578
`589
`4
`2
`0
`
`($930)
`(417)
`(88)
`(240)
`(112)
`(1,033)
`(424)
`(159)
`(0)
`(3)
`(0)
`
`($62)
`1
`129
`325
`(33)
`294
`2,154
`430
`4
`(1)
`0
`
`$6,648
`
`($3,407)
`
`$3,241
`
`($62)
`(62)
`68
`393
`360
`654
`2,808
`3,238
`3,242
`3,241
`3,241
`
`N/A
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 21 of 25
`
`Appendix
`Daily Deposits and Withdrawals Activity
`90 Days Prior to Petition Date
`
`FTX US
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 22 of 25
`Daily Deposits & Withdrawals
`90 Day Activity: August 14, 2022 to November 11, 2022
`
`SUBJECT TO MATERIAL CHANGE
`
`FTX US
`
`USD Millions at Petition Time Pricing
`
`Consolidated
`
` 800
`
` 700
`
` 600
`
` 500
`
` 400
`
` 300
`
` 200
`
` 100
`
` -
`
` 800
`
` 700
`
` 600
`
` 500
`
` 400
`
` 300
`
` 200
`
` 100
`
` -
`
`8/14
`
`8/21
`
`8/28
`
`9/4
`
`9/11
`
`9/18
`
`9/25
`
`10/2
`
`10/9
`
`10/16
`
`10/23
`
`10/30
`
`11/6
`
`Customers
`
`Alameda & Other Related Parties
`
` 800
`
` 700
`
` 600
`
` 500
`
` 400
`
` 300
`
` 200
`
` 100
`
` -
`
`8/14
`
`8/28
`
`9/11
`
`9/25
`
`10/9
`
`10/23
`
`11/6
`
`8/14
`
`8/28
`
`9/11
`
`9/25
`
`10/9
`
`10/23
`
`11/6
`
`Deposits
`
`Withdrawals
`
`21
`
`

`

`Case 22-11068-JTD Doc 792-1 Filed 03/02/23 Page 23 of 25
`Daily Deposits & Withdrawals Activity
`November 1, 2022 Through Petition Date
`
`SUBJECT TO MATERIAL CHANGE
`
`FTX US
`
`USD Millions at Petition Time Pricing
`
`Consolidated
`
`11/1
`
`11/2
`
`11/3
`
`11/4
`
`11/5
`
`11/6
`
`11/7
`
`11/8
`
`11/9
`
`11/10 11/11
`
` 800
`
` 700
`
` 600
`
` 500
`
` 40