NISHA SURENDRAN

Advertisement
Oct 31 2024CRIME

The Story of Nishad Singh: Cooperation, Not Jail Time

Nishad Singh, former engineering boss at FTX, got off lightly. No jail time, just three years of supervision. Why? He cooperated with the government, helping unravel the crypto exchange's fraud. The judge praised his limited role compared to others like FTX founder Sam Bankman-Fried. Singh also forf

reading time less than a minute
Oct 31 2024CRYPTO

Nishad Singh’s Short Sentence: A Story of Limited Involvement

Nishad Singh, the former head of engineering at FTX, received no jail time and three years of supervised release on Wednesday. Instead of the maximum 75 years, he was ordered to forfeit $11 billion. Judge Lewis Kaplan praised Singh’s cooperation with the government, noting it was “remarkable. ” Sing

reading time less than a minute