FTX top engineer testifies Bankman-Fried spent $1.13 billion on celebrities and sponsorships

[ad_1] The criminal trial of FTX founder Sam Bankman-Fried continued on Monday, with the crypto firm’s former engineering director Nishad Singh taking the stand. Singh said he frequently complained to Bankman-Fried that the company’s spending “wreaked of excessiveness.” Singh said he owned around 6% or 7% of FTX, making him a paper billionaire before the … Leer más