DESK 2 — FILE OPEN
FOLDER F-1111CASE #2022-1111SHELF 4 / ROW C
BUREAU OF COMMERCIAL DEATHS
DIVISION OF COLD CASES / FORM 41-D / DEATH OF A GOING CONCERN
CASE NUMBER
CASE #2022-1111
SUBJECT
FTX TRADING LTD.
DATE OPENED
2019 — Nassau, The Bahamas
DATE CLOSED
November 11, 2022
KNOWN ALIASES
FTT; Alameda Research (affiliate); West Realm Shires
INVESTIGATOR
Det. Redact
CAUSE OF DEATH
Customer deposits were located at a second company.
PEAK VALUATION
$32,000,000,000 (January 2022)
ASSETS RECOVERED
In excess of $16,000,000,000 located; distribution contested
EVIDENCE SUMMARY
Balance sheet circulated to investors contained a line item labeled, in the subject’s own hand, as poorly internally labeled.
Nine days elapsed between the first public question and death.
Subject’s corporate structure comprised 134 entities. No board minutes were produced.
Remainder of statement sealed:
DESK NOTE — INVESTIGATING OFFICER
134 companies. One group chat.
FILED BY Det. Redact · BADGE 0001NO FURTHER ACTION AUTHORIZED
PROPERTY OF THE BUREAUDO NOT REMOVE FROM ROOM 0114
MARGIN NOTE — INVESTIGATING OFFICER
Nine days. Enron took sixteen months. Nobody has asked whether I am comfortable with the new pace.
EXHIBIT A — seized from a Bahamian penthouse.
EVIDENCE TAG
ITEM F-1111
SUBJECT FTX TRADING LTD.
RECEIVED 2022
CONDITION AS FOUND
SUBJECT FTX TRADING LTD.
RECEIVED 2022
CONDITION AS FOUND