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Sam Bankman-Fried- Case Archive
evidenceevidencedocumentFederal Criminal Trial3585-025The interview material addressed the allow-negative feature and stablecoin conversions. After reviewing it, Wang confirmed that the feature was necessary for stablecoin conversions but remained uncertain whether he had called it part of Alameda’s market-making function or exchange functionality.
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3585-025

The interview material addressed the allow-negative feature and stablecoin conversions. After reviewing it, Wang confirmed that the feature was necessary for stablecoin conversions but remained uncertain whether he had called it part of Alameda’s market-making function or exchange functionality.

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The defense used the interview record to test whether Wang had previously characterized allow negative as a market-making function, but he confirmed the stablecoin-conversion explanation without adopting that precise wording.

Trial Record (1)