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nishad singh receives no jail time in ftx fraud case

Nishad Singh, former head of engineering at FTX, received no jail time but was sentenced to three years of supervised release and ordered to forfeit $11 billion for his role in the crypto fraud. His cooperation with authorities was deemed significant, leading to a lighter sentence compared to other FTX executives. Singh expressed remorse in court, acknowledging his straying from personal values while highlighting his assistance in the investigation.
CNBC
United States Dollar Alameda Research LLC FTX Cryptocurrency Derivatives Exchange USA Andrew Goldstein Sam Bankman-Fried Nicolas Roos Caroline Ellison Nishad Singh Show more
Regulatory & Legal, Transcript
21:33 30.10.2024
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