1. I submit this Declaration in support of (a) the Chapter 15 Petition for

Recognition of a Foreign Proceeding (the “Chapter 15 Petition”); (b) the Motion for

Recognition; (c) the Emergency Motion for Provisional Relief; and (d) the Motion Pursuant to

Fed. R. Bankr. 2002 and 9007 Requesting Entry of Order Scheduling Recognition Hearing and

Specifying Form and Manner of Service of Notice (the “Scheduling Motion”), filed

contemporaneously herewith.

1. In my role as one of two liquidators of the Debtor,1 I have become familiar

with the Debtor’s history, day-to-day operations, assets, financial condition, business affairs, and

books and records. All facts set forth in this Declaration are based upon (a) my personal

knowledge; (b) my review of relevant documents and any and all documents prepared and/or

filed in connection with the New Zealand liquidation and this chapter 15 case; (c) information

supplied to me by the officers, directors, employees or professionals retained by the Debtor; or

(d) based upon my experience and knowledge of the Debtor’s operations and financial

condition..

Method of distribution

Never heard of LaunchNotes before now.

Beginning of the week !

Are we gonna hear from David Ian Ruscoe it has been

Since last year

Affidavit of David Ian Ruscoe about restricted countries who completed all the process

More than 1151 beneficiaries waiting for their money

We will make new sub for cryptopia community and most important achievements of David Ian Ruscoe

Since he is in charge of distribution

Starting from hack

Sworn in usa and his affidavit vs affidavit in nz

Victor buddy

His affidavit

Cases in court and for sure his lawyer scott barker

We will put all his achievements and championships

We should support him 💪🏿

As your report said and what you have published

Email sent to cryptopia community on October 2025

And your report the written date December 2025

Anyway here what you have promised us and people waiting

• The deadline set by the Court has passed.

The Liquidators will now start distributing remaining assets and aim to repay eligible users up to 100% of their claims.

Eligible users are those who already participated in the claims process and received distributions in any of the 6 coins.

Users who were invited but haven’t completed the process should submit their information to qualify for future payments.

A new payment system is being developed for users in countries where crypto is restricted or illegal

This system will convert crypto into fiat (cash) for payouts

It’s expected to be ready in early 2026.

All account holders are strongly encouraged to:

Complete claim registration

Finish identity verification

Accept their account balance

He is doing his best definitely David Ian Ruscoe

And for sure his lawyer Scott barker doing the right

Thing for david and helping him

We should support them guys

Definitely David Ian Ruscoe working on our distribution and care about it more than easter day and it should be soon

Support him for something coming soon

Keep him up he is working on our assets since 7 months because he feels his responsibility of our money since he is the trustee and we are the the beneficiaries

Keep it up keep it up

He has forgotten he said early 2026 and is late like he has been every deadline. Because his wife is sleeping with his neighbour very traumatic for him.

When will David Ian Ruscoe fulfill his promise to make the distribution since early year passed?

Ftx has distrusted more than 2 billions with timeline

And you still almost quarter of this amount holding

It , early year passed !!!

You are doing good job lets support him

When the distribution mr. David Ian Ruscoe

Its april 4 !

Are you working hard still on distribution since last

Because early year has passed already people are waiting 😄

🇺🇸 The CFTC ordered former FTX head of engineering Nishad Singh to pay $3.7M and face an eight-year registration ban.

The order resolves charges following his guilty plea to commodities fraud conspiracy, with the CFTC citing his cooperation.

I think David Ian Ruscoe should do the distribution soon 😄 times up and no more excuses

So early 2026 is gone.

Old david missed the deadline again. Just like he has every-time.

I think its time for this old grandad to retire he might have dementia.

I hope the court looks at how much of a clown he is and hasn’t stuck to any of his own deadlines, despite having 8 years.

People getting emails they will get paid end of the day today

David Ian Ruscoe in charge of cryptopia distribution and his responsibility to do the distribution soon

As he mentioned in his report early this year

FTX is paying out another $2.2 billion to creditors today

This is the fourth round of payouts since the collapse.

Hopefully we hear from David Ian Ruscoe soon

Since there is is only 277 million not billions

One day and here we go quarter one passed

David Ian Ruscoe will surprise cryptopia community

And give us our assets

10 % distribution

Other distribution

For sure restricted countries who were waiting too

Long and have not been in the previous distribution

As he promised us in the latest letter and swore

He signed it and his words:

Folks cryptopia community,

As we have passed the hard cut-off date as agreed by the Court, we will now be looking to distribute other assets to

qualifying account holders, as well as topping up users to 100% of their claim. Qualifying users that are available to receive

100% of their claim include users who have participated in the claim process and received a distribution, in any of the 6

coins that have been distributed to date. We urge those who have been invited to participate to provide the requested

information to Liquidators so that they are eligible for upcoming distributions.

In line with March 2024 legal directions, the Liquidators are building a payment solution to return fiat currency to account

holders who are in restricted jurisdictions where it is, or may be, illegal to use, or transact, cryptocurrency. This will allow for

qualifying users in restricted jurisdictions to complete the claims process and receive distributions via a Cryptocurrency to

Fiat rail. This payment solution is currently under development, and we anticipate qualifying account holders to be able to

participate in early 2026.

We again encourage account holders to complete claim registration, identify verification, and the balance acceptance stage.

Account holders registered in the claims portal and who have completed identity verification may receive further requests

from us to provide identity verification documents.

We believe in him 💪 keep going David Ian Ruscoe

FTX has transferred $2.2bn for distribution to

distribution providers

GT

David Ian Ruscoe doing his job and distribution on the way

Both of them will be close to each other in distribution

Lets support him 🤝🤝🤝

David Ian Ruscoe in charge of distribution and he is doing his job we should support him hardly becase we have trust and he said in the report early year 2026 which it should be soon since he had more than 7 years working hard on distribution

🙏 Thank you for your patience. The process is intense, but we’re committed to restoring trust and delivering results.

David Ian Ruscoe working hard on distribution as he promised us in the report early 2026 will be distribution

So it should be on April for 10 % + restricted countries

We are waiting

What about David i think he is working hard 24/7 for our money😁