Nishad Singh, a former lead engineer at crypto exchange FTX, has been in discussions with federal prosecutors in the Southern District of New York in regards to the case against FTX and its founder, Sam Bankman-Fried.
According to a report released on Jan. 10 by Bloomberg, Singh met with the prosecutors to assess if he could give them any useful information about the charges of campaign finance law violations.
With his own political donations, Singh could provide an insight into FTX’s political donations and may strike a plea deal if his information is useful.
Gary Wang and Caroline Ellison, other former FTX executives, have already come to agreements with the federal prosecutors.
The authorities have also served warnings to those involved in misconduct at FTX and its related company Alameda Research.