Barnini Chakraborty is the senior investigations reporter at the Washington Examiner. She has previously worked at Fox News as a senior features and politics reporter. She's also worked at Fox Business as a field producer and at Dow Jones. She began her career at the Augusta Chronicle in Georgia.
The third week of the high-profile criminal trial of FTX founder Sam Bankman-Fried included a request for more Adderall, damning testimony from one of his closest confidants, and a trove of messages on the encrypted app Signal, which seemed to show Bankman-Fried and his inner circle knew they were in financial free fall but continued to dupe customers and investors into believing they were solvent.
Multiple members of his inner circle have already pleaded guilty to similar charges and have been paraded to the witness stand by prosecutors. Each has testified that Bankman-Fried was calling the shots at the hedge fund and the cryptocurrency exchange when both imploded last year, sending shock waves through the crypto community.
" has been doing his best to remain focused during the trial for the past two weeks, despite not having his prescribed dose of Adderall during trial hours," Cohen wrote."However, as we approach the defense case and the critical decision of whether Mr. Bankman-Fried will testify, the defense has a growing concern that because of Mr.
Singh, the former head of engineering at FTX, is the latest person in Bankman-Fried's tightknit circle of friends to testify against him. Prosecutors alleged that Bankman-Fried told Singh and Wang to create the computer code that would allow Alameda, the crypto hedge fund Bankman-Fried owned, to borrow vast sums of money from FTX customers.“Sam is a formidable character, brilliant,” Singh said from the witness stand. “So I had a lot of admiration and respect for him.
In another exchange later that day, Bankman-Fried claimed that one way to give FTX customers false hope would be to tell them they would get free tokens if they kept their funds on the platform.
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