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Sam Bankman-Fried- Case Archive
evidenceevidencedigitalFederal Criminal TrialGovernment Exhibit 611The FTX code determined whether an account should be liquidated. Wang explained that the Allow Negative setting caused the system to skip its balance check, permitting withdrawals even when the account balance was negative.
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Government Exhibit 611

The FTX code determined whether an account should be liquidated. Wang explained that the Allow Negative setting caused the system to skip its balance check, permitting withdrawals even when the account balance was negative.

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  • FTX liquidation code

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Wang testified that the code allowed an Alameda account with the Allow Negative setting to bypass balance checks and withdraw while holding a negative balance, without an amount limit.

Trial Record (1)