Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending by Matthew Goldstein, J. Edward Moreno and David Yaffe-Bellany


By Matthew Goldstein, J. Edward Moreno and David Yaffe-Bellany

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.

Published: October 16, 2023 at 11:27AM

from NYT Technology https://ift.tt/VHCOcdT
via IFTTT