18 Oct 2023
9m

SBF Trial, Day 10: Defense Tries But Fails to Undercut Nishad Singh's Credibility

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Unchained

This podcast episode explores the ongoing trial of Sam Bankman-Fried, the founder of FTX. The defense team attempted to discredit the testimony of Nishad Singh, a former FTX head engineer, but failed to refute Singh's damaging allegations of financial turmoil and fraud. Singh also admitted to observing suspicious borrowing by Alameda but did not pursue it due to cues from others. The cross-examination of Singh revealed inconsistencies in his notes and memory, which the defense attempted to use to undermine his credibility. The prosecution sought to highlight Singh's involvement in political donations and his purchase of a $3.7 million home, which he later forfeited as a way to make amends.

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