Posted inBankman-Fried, Sam Celebrities Computers and the Internet Frauds and Swindling HK FTX Trading Ltd (Futures Exchange) Kives, Michael Luxury Goods and Services Singh, Nishad Start-ups Virtual Currency
Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending
Nishad Singh, testifying at Mr. Bankman-Fried’s fraud trial, said FTX customer deposits were used to buy luxury real estate and to pay athletes like Tom Brady and Steph Curry for endorsement deals.