Cohen questions, “You regarded it as really expensive for a group of billionaires and millionaires to live in a $30 million apartment?”
Singh responds, “I don’t really know what’s reasonable for billionaires to do. I don’t know other billionaires.”
9:49 a.m.: Day 10 Begins
As day 10 of the trial unfolds, the proceedings remain intense, with a substantial presence of law enforcement and Secret Service personnel due to former President Donald Trump’s concurrent civil fraud trial in a neighboring New York state court.
Nishad Singh, the former FTX engineering director, returns for cross-examination. His previous testimony underscored Bankman-Fried’s extravagant financial gestures to celebrities and lawmakers, even amid a $13 billion deficit on the balance sheet of the now-insolvent crypto exchange.
The trial continues to captivate attention as it delves into Bankman-Fried’s financial decisions and lifestyles, offering a glimpse into the intricacies of this high-stakes legal battle.