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Nishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda

The former FTX engineering director reportedly testified that SBF would “unilaterally spend Alameda’s money” and was “ultimately” in charge of the firm rather than Caroline Ellison.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Nishad Singh testifies on Sam Bankman-Fried’s ‘excessive’ investments through Alameda

The former FTX engineering director reportedly testified that SBF would “unilaterally spend Alameda’s money” and was “ultimately” in charge of the firm rather than Caroline Ellison.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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