Alameda Research transferred and loaned up to $3.2 billion to FTX founders and executives

2023-03-16 10:12:31
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ChainCatcher news, FTX and its affiliated debtors submitted financial statements to the bankruptcy court, which show that Alameda Research transferred and loaned up to $3.2 billion to FTX founders and executives, including Sam Bankman-Fried (approximately $2.2 billion), Nishad Singh (approximately $587 million), Gary Wang (approximately $246 million), Ryan Salame (approximately $87 million), John Samuel Trabucco (approximately $25 million), and Caroline Ellison (approximately $6 million).

It is reported that these amounts do not include over $240 million used to purchase luxury homes in the Bahamas, political and charitable donations directly provided by FTX debtors, and asset transfers to non-debtor subsidiaries in the Bahamas and other jurisdictions. (source link)

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