FTX execs blew through $8B; testimony reveals how

Sam Bankman-Fried and other FTX executives spent $8 billion worth of customer funds on real estate, venture capital investments, campaign donations, endorsement deals and even a sports stadium, according to testimony from former senior FTX executive Nishad Singh. Singh’s testimony, which kicked off the third week of Bankman-Fried’s trial, provides fresh details of exactly where […] © 2023 TechCrunch. All rights reserved. For personal use only....