The former FTX engineering director pleaded guilty to fraud and conspiracy charges in February 2023 and will return to court on Oct. 30 for a sentencing hearing.
After pleading guilty to fraud charges in 2023, former FTX engineering director Nishad Singh has asked a judge to grant him “time served and a period of supervised release” for his role in the exchange’s collapse.
In an Oct. 16 filing in the United States District Court for the Southern District of New York, Singh’s lawyers claimed the former engineering director had a “far more limited” role than any other individual named in the FTX indictment, including Sam Bankman-Fried, Caroline Ellison, Ryan Salame, and Gary Wang.
The sentencing recommendation asked Judge Lewis Kaplan to consider Singh’s cooperation with prosecutors and that he was not involved in any crimes until September 2022 — after Bankman-Fried and Ellison made the “core decisions [...] to use billions of dollars in customer funds to shore up Alameda’s finances and pay back its lenders.”
