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XDCAM EX converted for FCP now looks like pixel moshing
I am trying to work with some EX-1 108024p footage that has been converted to quicktime XDCAM EX codec using the transfer tool for FCP. Now I am getting this display error that quicktime doesn’t exhibit.
Here is what it looks like in AE:

It also looks the same in media encoder.
Any ideas on why Adobe can’t handle this footage? This problem is new to CS5, since this has been a workflow I’ve used in the past with CS4 and below.