Documents & Records
Government Exhibit 14A
The spreadsheet entry states "Hedged with 2X BTC." Bankman-Fried testified that it reflected an expectation or understanding that Alameda had sold Bitcoin worth twice the size of its Genesis Digital Assets investment.
Spreadsheet entry stating “Hedged with 2X BTC”
MentionedFederal Criminal Trial
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The defense used the entry to support Bankman-Fried's explanation that the Genesis Digital Assets investment was intended to be paired with a Bitcoin hedge.