Former FTX Director to reportedly plead guilty to fraud charges By Cointelegraph
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Nishad Singh, former director of engineering at FTX, is expected to plead guilty to fraud charges brought by U.S. prosecutors who are investigating the now bankrupt FTX cryptocurrency exchange, Reuters reported on Feb 28.
During the hearing in a Manhattan federal court, Singh’s lawyer announced that his client had agreed to plead guilty to one count of wire fraud, one count of conspiracy to commit wire fraud on FTX customers, and one count of conspiracy to commit commodities fraud.
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Nishad Singh, former director of engineering at FTX, is expected to plead guilty to fraud charges brought by U.S. prosecutors who are investigating the now bankrupt FTX cryptocurrency exchange, Reuters reported on Feb 28.
During the hearing in a Manhattan federal court, Singh’s lawyer announced that his client had agreed to plead guilty to one count of wire fraud, one count of conspiracy to commit wire fraud on FTX customers, and one count of conspiracy to commit commodities fraud.
Continue Reading on Coin Telegraph
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