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Nishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda

The former FTX engineering director reportedly testified that SBF would "unilaterally spend Alameda's money” and was “ultimately” in charge of the firm rather than Caroline Ellison.

Continue ReadingNishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda

Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison

Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy.

Continue ReadingSam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison