Bankrupt crypto lending firm BlockFi has reportedly uploaded uncensored financials by mistake, revealing $1.2 billion in assets tied up with bankrupt exchange FTX and its related trading firm Alameda Research.

According to a January 24 report from CNBC, the unredacted filings show that as of January 14, BlockFi had $415.9 million worth of assets linked to FTX and a whopping $831.3 million in loans to Alameda.

The previously censored financials were leaked as part of a presentation put together by M3 Partners, who is an advisor to the creditor committee and has reportedly admitted the filing was uploaded in error.

On November 24, the creditor committee’s objection was that BlockFi is seeking to pay key employees $12.3 million in retention payments despite their limited operations and assets.

On November 29, during the first-day hearing of its bankruptcy proceedings, BlockFi’s lawyers said the figures were $355 million stuck on FTX and $680 in loans to Alameda, but the value of the funds has increased with the price of Bitcoin.

While BlockFi has attempted to separate itself from FTX and Alameda throughout its bankruptcy proceedings, the state of financial obligations between the firms is complicated.

FTX.US, FTX’s U.S. arm, extended a $400 million line of credit to BlockFi on July 1, after the lender was caught up in the contagion caused by the collapse of Terra’s algorithmic stablecoin on May 10, 2022.

The loan is set to expire on June 30, 2027, and has an interest rate of 5%. The deal also provided FTX.US with the option to acquire BlockFi for “a variable price of up to $240 million based on performance triggers.”

BlockFi filed for Chapter 11 Bankruptcy on November 28, citing the collapse of FTX just weeks earlier as the cause of its financial troubles.

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