Nishad Singh worked at Alameda, according to reports. Singh was very close to Bankman-Fried and lived with the FTX founder along with 9 others.
The stunning collapse of crypto exchange FTX has brought the spotlight on an Indian-origin executive who was in the close inner circle of FTX founder Sam Bankman-Fried.
The executive, identified as Nishad Singh, is under the scrutiny following reports that Bankman-Fried had secretly moved a whopping $10 billion of customer funds from FTX to another company he founded.
Preceding the collapse of the exchange, Sam Bankman-Fried transferred $10 billion from FTX to Bankman-Fried’s trading company Alameda Research, Reuters reported on Friday.
