Nishad Singh Gives the Defense a Lay-Up
FTX’s head of engineering Nishad Singh delivered a surprisingly emotional testimony earlier this week revealing he felt “betrayed” by Bankman-Fried as a longtime friend of the family. Singh was late to learn about the conspiracy, finding out just two months before the world did, but he stayed on to help steer the sinking ship.
However, Singh’s heartfelt testimony crumbled under cross-examination, allowing for a rare win for SBF’s defense. FTX’s determined do-gooder had his credibility brought into question when the defense pointed out that Singh took out a loan from FTX in order to buy a $3.7 million house on Orcas Island in Washington after Singh says he found out about the misuse of customer funds. The defense briefly found its footing here, and this may be a sign of how they plan to disperse the blame.
