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evidenceevidencedocumentFederal Criminal TrialGovernment Exhibit 418, 419, and 460The June and September 2022 balance sheets were prepared for external lenders. Ellison characterized them as dishonest because some FTX borrowing was netted against related-party loans and the remainder was placed in broader loan categories, leaving Alameda's borrowing from FTX customers undisclosed.← All Evidence
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Government Exhibit 418, 419, and 460

The June and September 2022 balance sheets were prepared for external lenders. Ellison characterized them as dishonest because some FTX borrowing was netted against related-party loans and the remainder was placed in broader loan categories, leaving Alameda's borrowing from FTX customers undisclosed.

June and September 2022 external lender balance sheets
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Ellison's testimony used these lender-facing balance sheets to contrast Alameda's external financial presentation with borrowing from FTX customers that the documents did not expressly disclose.

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FederalFederal Criminal TrialOct 3, 2023 – Nov 2, 2023