Ex-FTX Executive Nishad Singh Avoids Prison Time After Cooperation

Ex-FTX Executive Nishad Singh Avoids Prison Time After Cooperation

1 minute read
Updated 8 months ago

Sentencing and Cooperation

Nishad Singh, former engineering director at , received a sentence of time served and three years of supervised release, credited for his "remarkable" cooperation in the FTX fraud case.

Singh's cooperation included testifying against FTX founder , revealing campaign finance violations, and providing information that aided in the rapid charging of multiple individuals.

Legal and Personal Outcomes

Facing a maximum of 75 years, Singh's sentence reflects his late involvement and substantial assistance, distinguishing his role from others like Bankman-Fried and .

Expressing remorse, Singh's future includes three years of supervised release and an $11 billion forfeiture, amidst supportive testimonies from over 100 individuals including Bankman-Fried's brother.
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