SBF Lawyer Pokes Holes in Singh’s Story on FTX Spending (1)

Nishad Singh, a former executive at FTX, told Sam Bankman-Fried that he was uncomfortable with the “super ostentatious” $30 million Bahamas penthouse the company bought as a corporate crash pad. But those concerns didn’t stop Singh from moving into the nicest room.

Singh, FTX’s former chief of engineering, testified for a second day as a prosecution witness in Bankman-Fried’s fraud and conspiracy trial. On the witness stand, Singh frequently said he disapproved of Bankman-Fried’s actions, but didn’t always take action. Instead, he admitted to taking advantage of the job’s perks, including the purchase of a $3.7 million home in ...