Former Executive Involved in FTX Bankruptcy to Admit Charges

Former engineering director Nishad Singh, who played a critical role in the FTX bankruptcy, spoke with US prosecutors about Sam. Again about Bankman-Fried (SBF) got together.

FTX co-founder and former chief engineer, Bloomberg reported on Feb. Nishad Singhsat down to negotiate a confession deal with prosecutors. pleaded guilty to federal fraud charges in December. FTX former chief technology officer Gary Wang and former CEO of Alameda Caroline EllisonFollowing in the footsteps of Singh, he prepares to collaborate on potential recognizable amnesties.

News sources stressed that Singh’s plea deal with the federal prosecutor’s office in New York has not yet been finalized, and it is not yet clear what the outcome of the plea deal will be for Singh.

These developments “bid session” took place within the scope of Such meetings are usually designed to encourage the interviewee to speak freely. “limited immunity and privacy” Therefore, the meeting in question cannot be confirmed clearly yet.

Singh had approached a similar collaboration in past sessions, bringing up information about SBF’s political formations and donation campaigns.

source site-9