Executive

FTX Executive Details Sam Bankman Fried’s “Excessive” Spending On Celebrity Deals

FTX Executive Details Sam Bankman Fried’s “Excessive” Spending On Celebrity Deals

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Nishad Singh – FTX’s former director of engineering – revealed more details about the crypto exchange’s profligate spending during his testimony at Sam Bankman-Fried’s fraud trial on Monday. Singh pled guilty to both money laundering and campaign finance violations, breaking down his involvement in the company’s over $100 million in donations to political candidates. Excessive …

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FTX Executive Describes Final Days of Doomed Crypto Exchange: “I’d Been Suicidal for Some Days”

FTX Executive Describes Final Days of Doomed Crypto Exchange: “I’d Been Suicidal for Some Days”

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FTX’s former head of engineering, Nishad Singh, finished up his direct examination in Manhattan federal court Monday afternoon by recounting the details of the crypto company’s collapse.  In his testimony, Singh stated that he found FTX founder Sam Bankman-Fried’s spending “excessive” and “concerning.” Despite these initial indications, Singh only discovered that there was “a hole” …

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