Nishad Singh says there was ‘a lot’ he didn’t remember about FTX in 2022 — SBF trial
Sam Bankman-Fried's defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16.
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Sam Bankman-Fried's defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16.
Nishad Singh's testimony was seemingly part of prosecutors' strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds.
The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9.
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.
Lawyers petitioned the court to allow them to question witnesses for the prosecution based on FTX’s terms of service, as well as preclude testimony from “lay fact witnesses”.
The claims include allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the store’s “name, goodwill, and brand recognition.”
The former Alameda Research CEO placed part of the blame for FTX's failure on CZ, while the Binance CEO claimed Ellison's offer to buy the firm's FTT holdings was the…
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations.
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn't soon enough.
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.