FTX balance, unveiled | Finance times

The Financial Times saw a copy of an FTX record from Thursday, November 10th, which shows that the bankrupt crypto exchange had only $ 900 million of assets that it could easily sell, even though it had $ 9 billion in liabilities. Here is the story:

The document that was shared with potential investors before bankruptcy provides a detailed picture of the financial gap in the FTX crypto empire and indicates that customers of FTX could be confronted internationally with high losses in cash and crypto assets that they held on the stock exchange.

Read the full report. And then search the source document. (H/T Antoine Gara et al.)

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metadata in the Excel file indicates that Sam Bankman-Fried himself created it. It therefore seems reasonable to assume that the informal comments come from him.

Also note the exclusion of liability in the heading:

Note: All of these are rough values ​​and can differ slightly; Of course there is also the possibility of typing gliders etc. You also change a little over time when trades take place.

Let us know in the comments when you discover something interesting. The "$ 2.2 billion" of the obscure, almost worthless serum tokens are an obvious highlight, although we would also like to learn more about these illiquid investments such as "TwTr" and "Trumplos".

Anyone who wants to pass on information can use the secure contact methods of the FT.