Former FTX Head of Engineering Nishad Singh mentioned he “realized of a gap” in FTX’s funds in September 2022, two months earlier than the alternate filed for chapter. Although he seen round $8 billion lacking from Sam Bankman-Fried’s firm, he nonetheless “inexperienced lit” transactions, which he “implicitly” knew needed to have come from person deposits, he instructed a court docket Monday.
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