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She's not stupid, don't downplay her intelligence. She absolutely had enough knowledge, education, and know how to see what was going on, and had every opportunity to get out. She didn't because, like most of the people involved, she thought she would be free and clear because line go up

> She's not stupid, don't downplay her intelligence.

You say that. And yet.

> because line go up

> she may have barely understood

Mathematics degree. Both parents economists.

She's 28 and well educated. The "sucker" defense will not work for her.

I don’t get your point. Why would you think she didn’t know?

I thought Alameda came first, before FTX. Also, the fraud was on the FTX side, not Alameda, hence it doesn't make sense for him to blame her for it?

Isn't it a two-way fraud? Alameda defrauded FTX by knowingly providing worthless collateral for loans (FTT), which FTX fraudulently made using customer funds.