NEW YORK: Nishad Singh, the former director of engineering at now-bankrupt cryptocurrency exchange FTX, has agreed to plead guilty to US criminal charges, his lawyer said in court on Tuesday (Feb 28), as US prosecutors ramp up their investigation into members of Sam Bankman-Fried's inner circle. Bankman-Fr
NEW YORK: Nishad Singh, the former director of engineering at now-bankrupt cryptocurrency exchange FTX, has agreed to plead guilty to US criminal charges, his lawyer said in court on Tuesday , as US prosecutors ramp up their investigation into members of Sam Bankman-Fried's inner circle.
Singh's plea is set to come after two of Bankman-Fried's closest associates in December agreed to cooperate with prosecutors. Several other former FTX executives have also hired lawyers to discuss possible cooperation with prosecutors. The exemption let Alameda keep borrowing from FTX regardless of how much collateral secured its loans.
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