Documents & Records
Defense Exhibit 816
A BlockFi credit memo dated August 13, 2021 addressed Alameda-related underwriting challenges and exception approval, including credit exposure and collateral considerations. The court received the exhibit but instructed that information attributed to Alameda could not be considered for its truth.
BlockFi credit memo dated August 13, 2021 concerning Alameda Research
MentionedFederal Criminal Trial
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The defense used the credit memo to present BlockFi's identified risks as documented, escalated, and evaluated through its exception-approval process, while Prince maintained that BlockFi relied on counterparty information as truthful and accurate.