Former FTX Director Faces 75 Years in Prison, Reveals SBF's Role in $13B Customer Funds Scandal

Nishad Singh, former FTX engineering director, faces up to 75 years in prison after pleading guilty to fraud charges.

Singh testified that FTX invested $1.3 billion in celebrity endorsements and Alameda borrowed $13 billion from FTX.

Singh said he felt "betrayed" and Sam Bankman-Fried was behind Alameda using FTX customer funds.

Singh revealed SBF suggested investing in Telegram and sent FTX funds to Alameda for political donations.

Singh said he had been suicidal dealing with inconsistencies between FTX's public statements and activities.