Nishad Singh, former CTO of FTX, sentenced to time served and 3 years of supervised release for his role in misuse of user funds and campaign finance violations.
- Singh is the fourth person in the FTX case to stand trial after Sam Bankman-Fried, Caroline Ellison, and Ryan Salame.
- Singh's attorney claims most of the fraud was committed by Bankman-Fried and Ellison.
- Singh expressed deep remorse for his role.
🚀 BTC still has great potential, what do you think? Comment!
- Bankman-Fried to be held since August 2023, Salame to be jailed on October 11, Ellison expected to turn himself in before November 7.
- Singh has cooperated significantly with the government in the case against Bankman-Fried.
- Gary Wang, co-founder of FTX, will appear in court on November 20.
#CryptoNews#BTC#FTX#Blockchain #Finance