[Libloather]

More news on this slug -

Sam Bankman-Fried gave multi-million-dollar loan to top engineer Nishad Singh to splurge on 'egregious, unnecessary and selfish' $3.7M vacation home - despite fearing for FTX's finances just a MONTH before crypto exchange collapsed

https://www.dailymail.co.uk/news/article-12640481/Sam-Bankman-Fried-FTX-Nishad-Singh.html

[Libloather]

https://www.dailymail.co.uk/news/article-12640481/Sam-Bankman-Fried-FTX-Nishad-Singh.html

[alexander_busek]

[...] he was told by a colleague he hardly knew to send $500,000 to the Party to make Singh and the company [FTX] look good, according to Oregon Live.

So far, so good!

Singh signed off on sending the half-million dollars via his account with Nevada-based Prime Trust, which specializes in wiring cryptocurrency to ordinary bank accounts.

So "Prime Trust" was merely the intermediary, for the purpose of effecting the money transfer. So far, so good!

Prime Trust was ultimately listed as the donor after an FTX contractor who helped arrange the payment told the Oregon Democrats: 'Nishad prefers Prime Trust (though not strongly) so go [with] that. Thx!'

Here's where it gets really fishy. Why would Singh donate half a million dollars "to make himself and his company look good," and then agree to have "Prime Trust" listed as the donor?

He should have just donated to the "Human Fund!"

Regards,