The SEC and the CFTC charged former FTX director of engineering Nishad Singh with fraud allegations on Tuesday, following Singh’s guilty plea to similar charges in a federal courthouse. nikhileshde reports
The U.S. Securities and Exchange Commission and Commodity Futures charged former FTX director of engineering Nishad Singh with fraud allegations on Tuesday, following the ex-FTX executive's guilty plea to similar charges in a federal courthouse.
Other allegations include claims that Singh was among a group of FTX executives who workshopped Bankman-Fried's tweets claiming FTX was okay and its customers could be made whole just prior to FTX's filing for bankruptcy.that Singh moved funds around at Bankman-Fried's request to make it appear that FTX generated more revenue than it actually did in 2021.
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