SBF TRIAL PODCAST 10/17: Why FTX Executive Nishad Singh Felt ‘Suicidal’ in Crypto Exchange’s Final Days

CoinDesk Podcast Network

English - October 17, 2023 17:00 - 8 minutes - 7.47 MB - ★★★★★ - 39 ratings
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Nishad Singh, the former head of engineering at FTX, testified that a September 2022 meeting with Sam Bankman-Fried, the founder of FTX, revealed the extent of Alameda's use of FTX user deposits, leaving a substantial hole in the balance sheets of both companies and prompting Singh's feeling of betrayal. Singh's testimony provided strong evidence to prosecutors that Bankman-Fried played a pivotal role in FTX's alleged crimes, emphasizing Singh's role as both a co-conspirator and a victim in the unfolding saga.

Link to story: Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing

Credits: Marc Hochstein, Nikhilesh De, Sam Kessler and Wondercraft AI Voice

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