An ex-FTX executive who testified against the cryptocurrency firm's founder at his trial last year has been spared a prison sentence.
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The key to all-in-one holiday shopping: this Costco Gold Star Membership that comes with a $40 Digital Costco Shop Card* Nishad Singh, the company’s former engineering director, was sentenced in Manhattan by Judge Lewis A. Kaplan, who said his cooperation was “remarkable.”The judge noted that Singh did not learn of the billions of dollars that were misappropriated from FTX customer accounts and investors until two months before the fraud unraveled.trial, saying he was “blindsided and horrified” when he saw the extent of the fraud behind the once-celebrated and seemingly pioneering firm.
Roos said, for instance, that Singh told prosecutors about campaign finance violations that occurred as FTX executives made tens of millions of dollars in donations to political candidates.
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Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-FriedAn ex-FTX executive who testified against the cryptocurrency firm's founder at his trial last year has been spared a prison sentence. A federal judge on Wednesday credited the leniency shown to Nishad Singh's substantial cooperation and the fact that he arrived late to the multibillion dollar fraud.
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