Former FTX Engineering Director Nishad Singh Pleads Guilty to Fraud Charges

Singh agreed to cooperate with the prosecutors’ investigation into FTX founder and former CEO Sam Bankman-Fried.

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United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden adviser

Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country's national interests.

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US prosecutors seek to ban SBF from Signal after alleged witness contact

It’s alleged that the former FTX CEO attempted to arrange a “constructive relationship” with the current General Counsel of FTX US, Ryne Miller.

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Former FTX chief lawyer claims US legal counsel channeled business to S&C

The former chief regulatory officer of FTX has supported a motion that would stop FTX from using Sullivan & Cromwell LLC as its lead bankruptcy counsel.

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FTX former lead engineer in talks with federal prosecutors in Bankman-Fried case

A third former FTX-linked executive is reportedly considering providing evidence against Sam Bankman-Fried in an attempt for a more lenient sentence.

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Couple sent $10.5M by Crypto.com claim they thought they won a prize

The duo allegedly went on a spending spree with Crypto.com’s funds, buying four houses, vehicles, art, furniture and gifts, but 7 million AUD has now been returned.

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Crypto Winter Special 2022 – Navigating & BUIDLing for the Future

Fri, Jul 29, 2022, 8:00 PM | Add To Your Calendar AGENDA OF THE EVENT Crypto Winter is hitting every inch of our bones in the crypto world. The activity and confidence of an average consumer are going through a free fall when it comes to crypto assets. But, this is also the best time […]

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Meta Begins Testing NFTs for Facebook

One month after launching NFT support on Instagram, Meta has announced that it has begun testing digital collectibles tabs on its flagship social media platform, Facebook.

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CoinSwitch’s CEO urges Indian Gov to develop a set of laws to bring ‘peace and certainty’

CoinSwitch CEO Ashish Singhal at a Davos Meet called for regulatory clarity in order to protect investors’ interests and uplift the crypto sector which has been badly beaten down. The former Amazon engineer turned co-founder of one of India’s largest crypto trading platforms stated, “Users don’t know what will happen with their holdings is the government going to […]

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Stillmark, Bitcoin Venture Capitalist Firm Appoints Vikash Singh As Principal Investor

Vikash Singh will utilize his expertise in artificial intelligence, quantum computing, biotech and engineering to broaden the future impact of Stillmark.

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Coinswitch Kuber Secures $260M Funding, Dominates the Indian Market

CoinSwitch Kuber successfully raised funding amounting to $260 million. The exchange became the largest crypto company in India. CoinSwitch Kuber, ...

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IRS DeFi broker rule absolutely should be challenged, says Uniswap CLO

Uniswap chief legal officer said the IRS DeFi broker rule "absolutely should be challenged," while a Consensys lawyer argued that the ruling was released on the last Friday of 2024 in the middle of a holiday stretch on purpose.

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FTX CEO hints Nishad Singh should remain free to assist bankruptcy case

John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singhs cooperation in the firms bankruptcy would be important to maximize recovery for creditors.

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What to expect at Nishad Singhs sentencing hearing

After pleading guilty to six felony charges in February 2023 after FTXs collapse, the former engineering director could face years in prison.

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US prosecutors recommend leniency for former FTX executive Nishad Singh following substantial assistance

US prosecutors have requested that the court favorably consider former FTX executive Nishad Singh’s “substantial assistance” during their investigation into the failed crypto exchange, according to an Oct. 23 court filing. The prosecutors noted that he approached his cooperation with genuine remorse and a strong desire to help. According to the authorities, Singh’s “exemplary cooperation” […]

The post US prosecutors recommend leniency for former FTX executive Nishad Singh following ‘substantial assistance’ appeared first on CryptoSlate.

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US govt cites ex-FTX execs exemplary cooperation before sentencing

Prosecutors asked Judge Lewis Kaplan to consider Nishad Singhs substantial assistance to the government in its case against Sam Bankman-Fried at sentencing.

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Liminal challenges WazirX accusations after $235M security breach

According to Liminal, 75 days after the hack, WazirX still kept more than $175 million in Liminal custody despite blaming the custodian for causing the breach.

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FTXs former head of engineering asks judge to spare him prison sentence

Nishad Singh’s lawyers claim he is an “uncommonly selfless individual” They believe he should receive a lighter sentence because of his limited role in FTX’s collapse The former head of engineering at FTX has asked a judge to spare him a prison sentence, according to lawyers representing him. According to Bloomberg, Nishad Singh’s lawyers filed […]

The post FTX’s former head of engineering asks judge to spare him prison sentence appeared first on CoinJournal.

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Nishad Singh asks for time served, claiming limited role in FTX crimes

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. 

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FTX financial controls were a ‘hodgepodge’ of apps, says court filings

FTX was run by three inexperienced people “not long out of college,” who relied on “a hodgepodge” of online shared documents and communications across a series of different apps to manage the multi-billion dollar empire according to FTX CEO John Ray III. In an April 9 court filing in a Delaware Bankruptcy Court, John J [...]

The post FTX financial controls were a ‘hodgepodge’ of apps, says court filings appeared first on Crypto Breaking News.

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