Nishad Singh, former head of engineering at FTX, testified that SBF tried to cheat the U.S. Commodity Futures Trading Commission (CFTC) by asking his deputy to transfer his personally owned Serum (SRM) token to Alameda's balance sheet. Singh told the court he didn't close the deal because trying to trick federal regulators "didn't feel right."


In addition, Caroline Ellison, former CEO of Alameda, once told Singh that it was "impossible" to stop the quantitative trading firm's operations, alluding to Alameda's inability to close its accounts and pay off the debts of its sister company clients. Then he realized that "users had been betrayed," Singh said.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)