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Government prosecutors argue for reduced sentence for FTX executive Nishad Singh due to his assistance and good conduct

Government prosecutors argue for reduced sentence for FTX executive Nishad Singh due to his assistance and good conduct

Cointime2024/10/24 09:45
By: Cointime
FTT+11.39%

 the government prosecutor in the case of former FTX executive Nishad Singh has requested that the sentencing judge take into account Singh's "substantial assistance" and "exemplary cooperation" with the government's investigation into FTX. In the document, the prosecutor states that Singh "displayed sincere remorse and a willingness to assist." Singh assisted the government in understanding how FTX's code allowed for the illegal use of customer funds and provided detailed descriptions of transactions made by Sam Bankman-Fried using stolen funds.

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