Former FTX Director to reportedly plead guilty to fraud charges
Cointelegraph
Published Feb 28, 2023 01:45PM ET
Updated Feb 28, 2023 03:20PM ET
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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Written By: Cointelegraph
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