Prosecutors Show Photo of Bankman-Fried with Celebs at Super Bowl to Highlight FTX's Lavish Spending
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Sam Bankman-Fried trial sees photo of FTX founder with celebrities Katy Perry and Orlando Bloom at 2022 Super Bowl.
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Prosecutors displayed image as former FTX director Singh testified about company's celebrity endorsement deals before bankruptcy.
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Singh said he was "embarrassed and ashamed" by deals he said "reeked of excess and flashiness."
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Photo showed Bankman-Fried wearing FTX shirt with Perry, Bloom, and investor Michael Kives who proposed using firm to gain access to influential people.
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Prosecutors showed $1.1 billion in FTX endorsement deals including naming rights to Miami Heat arena and deals with athletes and celebrities.