Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-Fried ...Middle East

NEW YORK (AP) — An ex-FTX executive who testified against the cryptocurrency firm’s founder at his trial last year was spared a prison sentence Wednesday by a federal judge who credited his substantial cooperation and late arrival in the multibillion dollar fraud. Nishad Singh, the company’s former engineering director, was sentenced in Manhattan by Judge Lewis A. Kaplan, who said his cooperation was “remarkable.” The judge noted that Singh did not learn of the billions of dollars that were misappropriated from FTX customer accounts and investors until two months before the fraud unraveled. Singh, 29, testified a year ago at FTX founder Sam Bankman-Fried’s trial, saying he was “blindsided an

Read More Details
Finally We wish PressBee provided you with enough information of ( Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-Fried )

Also on site :

• Planting the seeds for remembering
• Prabowo hails BRICS entry, reaffirms Indonesia’s non-aligned stance
• Legendary ’70s Actor Seen in Rare Outing With Much Younger Girlfriend