Former FTX Executive Nishad Singh Takes Stand in Case Against Sam Bankman-Fried

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Former FTX Head of Engineering Nishad Singh said he “learned of a hole” in FTX’s finances in September 2022, just two months before the exchange filed for bankruptcy. Though he noticed around $8 billion missing from the Sam Bankman-Fried run company, he nevertheless “greenlit” transactions, which he “implicitly” knew had to have come from user deposits, he told a court Monday.

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