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FTX Debtors File Schedules of Assets and Liabilities, Disclosing $3.2 Billion in Payments and Loans to Founders

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FTX Trading Ltd., also known as FTX.com, and its affiliated debtors have filed Schedules of Assets and Liabilities and Statements of Financial Affairs for all entities involved in their Chapter 11 proceedings, according to a press release.

The documents filed disclosed the assets and liabilities of the FTX Debtors as of the Petition Date, which amounts to $3.2 billion in payments and loans to founders.

The majority of the payments, which total approximately $2.2 billion, were made to Sam Bankman-Fried, while Nishad Singh received around $587 million, Zixiao "Gary" Wang received $246 million, Ryan Salame received $87 million, John Samuel Trabucco received $25 million, and Caroline Ellison received $6 million.

However, these amounts do not include more than $240 million spent to purchase luxury property in the Bahamas, political and charitable donations, and significant transfers to non-Debtor subsidiaries in the Bahamas and other jurisdictions.

FTX Sam Bankman-Fried
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