Executive payments: $3.2 billion
The most eye-watering amount of them all is the overall quantity paid from business coffers to the accounts of FTX and Alameda executives– $3.2 billion.
Most of that, $2.2 billion, went to SBF himself, legal representatives dealing with the insolvency case stated
$ 587 million went to Nishad Singh, FTX’s previous director of engineering, and $246 million went to Zixiao “Gary” Wang, Bankman-Fried’s cofounder.
Then there was a more $87 million to Ryan Salame, FTX’s co-CEO, and $25 million to John Samuel Trabucco– while Alameda co-CEO Caroline Ellison took house $6 million.
Salame and Singh contributed countless dollars to political leaders ahead of the 2022 midterm elections, however a criminal indictment unsealed last month stated that those contributions were in fact Bankman-Fried’s doing.
He didn’t wish to be referred to as partisan, so he advised the 2 executives rather to contribute cash to particular prospects and political companies, district attorneys composed in the filing.