Prosecutors say a private message from Sam Bankman-Fried shows criminal intent. SBF says he was just trying to comfort a friend in distress

Prosecutors say a private message from Sam Bankman-Fried shows criminal intent. SBF says he was just trying to comfort a friend in distress

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On Nov. 6, 2022, Nishad Singh, the former head of engineering of FTX, messaged Sam Bankman-Fried, his boss and the former CEO of the now-bankrupt crypto exchange. Having drawn out approximately $500 million in personal loans, Singh, responding to the ongoing collapse of FTX, wanted to backdate a…

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