Former FTX Engineering Chief Seeking Deal With Federal Prosecutors

Former FTX Engineering Chief Seeking Deal With Federal Prosecutors

Nishad Singh, the former engineer participated in the FTX probe “proffer session.”
The investigators are looking into FTX’s extensive history of political campaign contributions.
Sam Bankman Fried’s (SBF) former roommate and confidant is reportedly looking to secure a plea deal. Nishad Singh, the former engineering chief at FTX, reportedly met with federal prosecutors to join Bankman Fried’s inner circle and negotiate a cooperation agreement in the fraud case involving the collapse of the cryptocurrency exchange.
According to a report from Bloomberg, Nishad Singh had a “proffer session” with prosecutors. Individuals are frequently given limited immunity to share with prosecutors what they know at such meetings. At the same time, Caroline Ellison, former CEO of Alameda Research, and Gary Wang, former CTO of FTX, have admitted guilt in connection with allegations of fraud.
Prosecutors’ Eyes on FTX’s Political Contributions
Since Bankman-Fried is accused of breaking camp

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