The defense’s cross-examination of alleged co-conspirator Nishad Singh was best the defense has done so far in making a witness look inconsistent.
Of Sam Bankman-Fried’s alleged co-conspirators, Nishad Singh gave the most emotionally compelling testimony. And on cross-examination, he also proved to be the most unreliable. Yesterday, Singh condemned Bankman-Fried for continuing to make venture investments despite knowing the money came from customer funds, even calling the actions taken at FTX “evil.” Today, the defense pointed out that Singh took out a loan from FTX in order to buy a $3.
Singh didn’t remember whether Alameda’s line of credit had been increased at this time, but if the timeframes do line up, that’s the least damning explanation for the line of credit I’ve heard yet. It doesn’t undo the fact that Bankman-Fried repeatedly assured the public that Alameda had no special privileges on FTX — which seems like an obvious lie — but it does make the line of credit sound less bad.
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Sam Bankman-Fried needs more Adderall to stay focused during criminal trial, his lawyer saysBarnini Chakraborty is the senior investigations reporter at the Washington Examiner. She has previously worked at Fox News as a senior features and politics reporter. She's also worked at Fox Business as a field producer and at Dow Jones. She began her career at the Augusta Chronicle in Georgia.
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