Nishad Singh, FTX’s former director of engineering, told jurors overnight Monday in the US that Sam Bankman-Fried, the founder of the failed crypto exchange, spent huge sums of money on everything from real estate and venture investments to campaign donations and celebrity endorsements.
Singh took the stand in Manhattan federal court, as the third week of Bankman-Fried’s criminal trial kicked off, with prosecutors continuing to call the defendant’s onetime closest confidants to the stand.
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