Case 22-11068-JTD Doc 24 Filed 11/17/22 Page 14 of 30 FTX.com platform. However, such liabilities are not reflected in the financial statements prepared by these companies while they were under the control of Mr. Bankman-Fried. The chart below summarizes certain information regarding the Dotcom Silo’s consolidated liabilities as reflected in the September 30, 2022 balance sheet: Dotcom Silo Consolidated Liabilities as of September 30, 2022 Current Liabilities Accounts Payable and Accrued Expenses $38,970 Accounts Payable, Related Party $125,626 Custodial Funds Due to Customers – Purchase Consideration Payable $26,970 Loan Payable $124,298 Lease Liability, Current $23 Crypto Asset Borrowings at Fair Value $149,723 Total Current Liabilities $465,610 Lease Liability, Non-Current – Deferred Taxes – Contract Liability – SAFE Note, Related Party, Non-Current – Other Non-Current Liabilities $46 Total Liabilities $465,656 (1) Amounts shown in thousands of U.S. Dollars. (2) In the above table, liabilities shown reflect the elimination of intercompany entries within and between the WRS Silo and Dotcom Silo. (3) The balance sheet for non-Debtor FTX Digital Markets Ltd. is consolidated to Debtor FTX Trading Ltd.’s balance sheet. The September 30, 2022 Balance Sheet of non-Debtor FTX Digital Markets Ltd. reflects total liabilities in the amount of $1,278, as follows: Accounts Payable and Accrued Expenses ($1,259), Accounts Payable, Related Party ($19) (amounts in thousands of U.S. Dollars). (4) Customer custodial fund liabilities are comprised of fiat customer deposit balances. Balances of customer crypto assets deposited were not recorded as assets on the balance sheet and are not presented. 39. The Debtors in the Dotcom Silo are organized in jurisdictions around the world, with the parent company FTX Trading Ltd. organized in Antigua. The Debtors in the Dotcom Silo also own 100% of the equity interests in over a dozen non-Debtor companies. II. EVENTS LEADING TO CHAPTER 11 FILING 40. The Debtors faced a severe liquidity crisis that necessitated the filing of these Chapter 11 Cases on an emergency basis on November 11, 2022, and in the case of Debtor -14- 4892-0827-0654 v.2