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Briefing
crypto

Former FTX Head of Engineering Likely to Plead Guilty Over Role in Alleged Fraud

By
Aidan Ryan
· · Source: Bloomberg

Nishad Singh, the former head of engineering at the collapsed crypto exchange FTX, is nearing a plea deal with federal prosecutors over charges related to his involvement in allegedly defrauding customers and investors of FTX, Bloomberg reported Friday. Singh hasn’t yet finalized a deal with prosecutors, according to the report, which cited people familiar with the matter. The Securities and...

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