Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Ben Weiss

Former FTX executive Nishad Singh describes conversation with Sam Bankman-Fried over customer funds: ‘I was blindsided and horrified’

Court sketch of Nishad Singh testifying in court with a profile of Sam Bankman Fried. (Credit: Jane Rosenberg—Reuters)

Witnesses speaking out against Sam Bankman-Fried, former CEO of the now-bankrupt crypto exchange FTX, have often punctuated their testimony with come-to-Jesus moments: a discussion on a tennis court, an office confession in Hong Kong, or an emotionally raw conversation over Signal.

On Monday, Nishad Singh, the former of head of engineering at FTX and one of three key lieutenants who took plea deals from the government, sketched out where he was when he finally realized how far FTX had strayed from its seemingly idealistic origins: the balcony of a luxury penthouse in the Bahamas.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.