Documents & Records
Defense Exhibit 245
The payment-agent agreement between FTX and Alameda concerned Alameda's processing of FTX customer deposits. Bankman-Fried testified that he believed it covered customer wires into Alameda and North Dimension accounts, but said he did not recall contemporaneous discussions with lawyers about whether it authorized spending those deposits.
payment-agent agreement between FTX and AlamedaDX 245 (for identification)Alameda–FTX payment-agent agreement
MentionedFederal Criminal Trial
About
The agreement was used to examine Bankman-Fried's asserted basis for believing that customer deposits could be processed through Alameda entities, while cross-examination distinguished that belief from any contemporaneous legal advice about spending the deposits.