Documents & Records
Government Exhibit 323
The Rewards Agent Agreement was described as carrying an earlier effective date. Testimony linked it to monthly staking-fee transfers that Singh said were backdated and increased stated, rather than real, 2021 revenue.
EcoSerum Rewards Agent Agreement with an earlier effective dateRewards Agent Agreement
MentionedFederal Criminal Trial
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The agreement was connected to Singh's testimony that backdated staking-fee entries increased FTX's stated 2021 revenue by about $50 million and that Bankman-Fried instructed him to make those entries.