Skip to content
Sam Bankman-Fried- Case Archive
evidenceevidencedigitalFederal Criminal TrialGovernment Exhibit 21The November 6 document contains Bankman-Fried's notes that available resources could process about one-third of remaining client assets and proposes a confident public message. The prosecution described the document as an internal acknowledgment of a substantial asset deficit before Bankman-Fried's November 7 assurances about FTX.← All Evidence
Digital Evidence

Government Exhibit 21

The November 6 document contains Bankman-Fried's notes that available resources could process about one-third of remaining client assets and proposes a confident public message. The prosecution described the document as an internal acknowledgment of a substantial asset deficit before Bankman-Fried's November 7 assurances about FTX.

Private statement that one third of the money needed to cover client assets was available
MentionedFederal Criminal Trial
3 mentions

About

The prosecution contrasted these private calculations with Bankman-Fried's later public assurances that FTX and its assets were fine, arguing that the contrast showed knowledge of the shortfall and an intent to discourage customer withdrawals.

Mentions (3)