Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending

Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending

a year ago
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https://www.nytimes.com/2023/10/16/technology/ftx-executive-trial-sam-bankman-fried-excess-spending.html

Nishad Singh, testifying at Mr. Bankman-Fried’s fraud trial, said FTX customer deposits were used to buy luxury real estate and to pay athletes like Tom Brady and Steph Curry for endorsement deals.

Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending

Oct 18, 2023, 3:44pm UTC
https://www.nytimes.com/2023/10/16/technology/ftx-executive-trial-sam-bankman-fried-excess-spending.html >Nishad Singh, testifying at Mr. Bankman-Fried’s fraud trial, said FTX customer deposits were used to buy luxury real estate and to pay athletes like Tom Brady and Steph Curry for endorsement deals.