Epstein Secrets

JPYKRW Trade Recap - 1/15/16 ICI Yes, RCs on the JPYKRW Forward unwind were $12,863 and RCs on the Brazil CDS unwind were $5,000. Best, Ari From: Paul Morris Sent: Tuesday, March 01, 2016 10:38 AM To: Vahe Stepanian; Ariane Dwyer Subject: FW: JPYKRW Trade Recap - 1/15/16 [C] Classification: Confidentia

From: Sent: To: CC: Subject: Hi Paul, Ariane Dwyer 3/1/2016 10:42:57 AM Paul Morris Vahe Stepanian • RE: JPYKRW Trade Recap - 1/15/16 ICI Yes, RCs on the JPYKRW Forward unwind were $12,863 and RCs on the Brazil CDS unwind were $5,

k as opposed to —$840k per your email below. Offsetting JPYKRW Forward Client BuySell Currencyl Notionall Currency2 Notional2 SettlementDate ForwardRate ExpiryDate Notes SOUTHERN FINANCIAL LLC Client Sells JPY -1,094,914,611.0057 KRW 11,540,400,000 Thu 04 August 2016 10.54 Tue 02 August 201

m: Vahe Stepanian Date: Friday, January 15, 2016 at 8:27 AM To: Jeffrey Epstein <[email protected]> Cc: Daniel Sabba , Ariane Dwyer > wrote: Paul Morris , Stewart Oldfield >, Richard Kahn Subject: RE: JPYKRW [C] Classification: Confidential Jeffrey — indicatively, current two-way market on your J

[C] Classification: Confidential Jeffrey — today you executed the following: BuySell Currencyl Notionall Currency2 Notional2 SettlementDate ForwardRate ExpiryDate Fixing Date Mid Initial margin = 15% Client Buys JPY 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August

details are below. Thank you, Vahe From: Vahe Stepanian Sent: Thursday, January 14, 2016 1:03 PM To: 'Jeffrey E.' Cc: Daniel Sabba; Mane Dwyer; Paul Morris; Stewart 0ldfield, 'Richard Kahn' Subject: JPYKRW [c] Classification: Confidential Jeffrey — following up on JPYKRW. Indicatively, you can unwind

tion: Confidential Jeffrey — today you executed the following: EFTA00836464 BuySell Currencyl Notional l Currency2 Notional2 SettlementDate ForwardRate ExpiryDate FixingDate Mid Client Buys JPY 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August 2016 Tue 02 August 201

tails are below. Thank you, Vahe From: Vahe Stepanian Sent: Thursday, January 14, 2016 1:03 PM To: 'Jeffrey E.' Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; 'Richard Kahn' Subject: JPYKRW [C] Classification: Confidential Jeffrey — following up on JPYKRW. Indicatively, you can unwind

44 Classification: Confidential Jeffrey — today you executed the following: BuySell Currencyl Notional 1 Currency2 Notional2 SettlementDate ForwardRate ExpiryDate FixingDate Mid Client Buys 3PY 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August 2016 Tue 02 August 201

7 AM To: Jeffrey Epstein Cc: Daniel Sabba < Stewart Oldfield Subject: RE: JPYKRW [C] Ariane Dwyer Richard Kahn Classification: Confidential , Paul Morris < Jeffrey — indicatively, current two-way market on your JPYKRW forward is 10.47 x 10.49. Original unofficial trade details are below. Thank you,

cation: Confidential EFTA00629877 Jeffrey —today you executed the following: BuySell Currencyl Notionall Currency2 Notional2 SettlementDate ForwardRate ExpiryDate Fixing Date Mid Initial margin = 15% Confirm to follow with official trade details. Thank you, Vahe Client Buys JPY 1,200,000,00

From: SeM: To: Subject: jeffrey E. 1/14/2016 1:12:12 PM Vahe Stepanian Re: JPYKRW [CI Paul Morris I ; Richard Kahn give me a bid offer thanks On Thu, Jan 14, 2016 at 1:03 PM, Vahe Stepanian a> wrote: Classification: Confidential Jeffrey — fo

[C] Classification: Confidential Jeffrey — today you executed the following: BuySell Currencyl Notional 1 Currency2 Notional2 SettlementDate ForwardRate ExpiryDate FixIngDate Mid Client Buys 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August 2016 Tue 02 August 2016 9.

tails are below. Thank you, Vahe From: Vahe Stepanian Sent: Thursday, January 14, 2016 1:03 PM To: 'Jeffrey E.' Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; 'Richard Kahn' Subject: JPYKRW [C] Classification: Confidential Jeffrey — following up on JPYKRW. Indicatively, you can unwind

[C] Classification: Confidential Jeffrey - today you executed the following: BuySell Currency' Notional l Currency2 Notional2 SettlementDate ForwardRate ExpiryDate FixingDate Client Buys JPY 1,200,000,000 KRO -11,540,400,000 Thu 04 August 2016 9.617 Tue 02 August 2016 Tue 02 August 2016 CO