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FTX leadership demands return of over $1B in cash, stock from former executive bankers – Fried, Wang, Ellison

In keeping with the submitting, FTX issued greater than $725 million in fairness to Bankman-Fried, former CTO and co-founder Gary Wang, engineering director Nishad Singh and former Alameda Analysis CEO Carolyn Ellison. Of this $725 million, $447.8 million allegedly went to Singh, and the lawsuit paperwork the way it was recorded as a mortgage between Singh, buying and selling arm Alameda, and FTX.

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