Documents & Records
Memo discussing wrong-way risk in contemplated Alameda loans backed by FTT
Prince said the memo identified wrong-way risk in contemplated loans to Alameda using FTT as collateral. He clarified that the contemplated transactions were with Alameda.
Memo discussing wrong-way risk in contemplated Alameda loans backed by FTT
MentionedFederal Criminal Trial
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The prosecution used the memo on redirect to clarify that the wrong-way risk discussed on cross-examination related to contemplated loans to Alameda backed by FTT, not to FTX generally.