Per a report from Bloomberg, the former FTX Chief Engineering Officer, Nishad Singh, has pleaded guilty to charges filed against him. Singh is cooperating with the U.S. Securities and Exchange Commission (SEC) and will work in the case built against his former boss, Sam Bankman-Fried (SBF).
As Bitcoinist reported in December 2022, two members of SBF’s inner circle, Caroline Ellison, former CEO at Alameda Research, and Gary Wang, co-founder at FTX, pleaded guilty and are working with the SEC and U.S. authorities. Singh is the third executive to fold and join the investigation against SBF.