FTX: Chief engineer’s tell-all reveals SBF’s lies. What happens next?

FTX’s former chief engineer claimed that he had very little involvement with the donation proceedings of FTX.The criminal trial of Sam Bankman-Fried enters its third week of hearing with another of his close circle members spilling the tea. Today , the spotlight lies on the former chief engineer — Nishad Singh, and his side of the story which fills the gaps from previous testimonies.

Nonetheless, by the time of its collapse, FTX had spent a whopping $1 billion on endorsements. Speaking about this, Singh expressed that he was “upset” given the sheer scale of money spent. He said, Moreover, Bankman-Fried was also the ultimate decision-maker with matters related to Alameda’s money. Labeling him as an “excessive” spender, Singh stated that SBF had “threatened to fire Caroline,” the former CEO of Alameda.Furthermore, Singh also detailed the campaign donations made under his name. He stated that Ryan Salame — former CEO of FTX — used his bank account and Prime Trust account to make transactions.

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