Chelsea Jia Feng
- Nishad Singh was the top engineer at FTX.
- He testified at the Sam Bankman-Fried trial that he was 'suicidal' over the crypto scam.
- At one point, he said, Alameda borrowed $13 billion from FTX — which it didn't have.
Nishad Singh thought he misunderstood.
It was September 2022 and he was in a small groupchat with FTX executive Gary Wang, Alameda Research CEO Caroline Ellison, and the owner of both companies, Sam Bankman-Fried.
In the chat, Wang had just said that Alameda, the cryptocurrency trading firm, was borrowing $13 billion from FTX, the popular cryptocurrency exchange.