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Sam Bankman-Fried- Case Archive
evidenceevidencedocumentFederal Criminal TrialGovernment Exhibit 36Ellison testified that she prepared the 2021 spreadsheet at Bankman-Fried's request to analyze Alameda's net asset value without assets such as FTT, SOL, and Serum. One calculation placed that value at approximately negative $2.7 billion, and another modeled additional investments during a major market downturn.← All Evidence
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Government Exhibit 36

Ellison testified that she prepared the 2021 spreadsheet at Bankman-Fried's request to analyze Alameda's net asset value without assets such as FTT, SOL, and Serum. One calculation placed that value at approximately negative $2.7 billion, and another modeled additional investments during a major market downturn.

2021 spreadsheet described as showing how lenders could be repaid during a market crashNAV minus Sam coins analysisGX-36
MentionedFederal Criminal Trial
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The prosecution cited the spreadsheet in rebuttal as a contemporaneous record contradicting Bankman-Fried's account of his knowledge about repaying lenders with customer funds.

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