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In accordance with the submitting, FTX issued greater than $725 million value of fairness to Bankman-Fried, former CTO and Co-Founder Gary Wang, Director of Engineering Nishad Singh, and former Alameda Analysis CEO Caroline 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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