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Showing posts with the label Nishad Singh

Indian-origin engineer at FTX pleads guilty to fraud charges

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 Singh is the third top executive and close confidante of FTX founder Sam Bankman-Fried to plead guilty and cooperate with prosecutors. The Securities and Exchange Commission charged Singh on Tuesday.                                  Indian-origin engineer at FTX pleads guilty to fraud charges  NEW YORK: Nishad Singh, a 27-year-old Indian-origin former top executive of failed cryptocurrency trading platform FTX has pleaded guilty to the charges of alleged billion-dollar fraud at the now collapsed exchange. Singh was the former co-lead engineer of FTX Trading Ltd. He has pleaded guilty to six conspiracy charges, including conspiracy to commit wire fraud, conspiracy to commit money laundering and conspiracy to violate federal campaign finances laws. Singh is the third top executive and close confidante of FTX founder Sam Bankman-Fried to plead guilty and cooperate with prosecutors. Gary Wang,...