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.
Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.
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