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