SBF's Control Over Alameda Detailed in Fraud Trial Testimony
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Nishad Singh testified that Sam Bankman-Fried unilaterally spent Alameda's money despite supposedly separate FTX role.
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Singh said Bankman-Fried threatened to fire Caroline Ellison and was ultimately in charge of Alameda.
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Singh cited excessive investments ordered by Bankman-Fried, like $1B in K5 Global against advice.
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Testimony came on day 9 of SBF's criminal trial, after Ellison and Wang admitted crimes with him.
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Trial expected to run through November, with SBF pleading not guilty to fraud charges so far.