🚨 Crypto News Flash! 🚨
Former FTX exec Nishad Singh avoids prison time! Instead, Singh gets 3 years of supervised release for his role in FTX’s collapse. Judge Kaplan cited Singh's "remarkable" cooperation and limited involvement in the fraud. Singh also forfeits around $11 billion.
Singh testified against ex-CEO Sam Bankman-Fried, who got 25 years. Singh faced up to 75 years but received a lighter sentence due to his cooperation.
What are your thoughts on this outcome? Drop your comments below! 💬
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