FTX's Ex-Engineer, Investment Firms Being Probed By US Authorities
Now that Sam Bankman-Fried has pleaded not guilty, US authorities are currently after FTX’s inner circle. Citing unnamed sources, a recent Bloomberg report revealed that former close FTX associate Nishad Singh is currently under the radar. If pro sec utors discover that Singh had a role in defrauding FTX and Alameda Research investors and clients, he could reportedly be charged “as soon as this month.” The source further revealed that the Securities and Exchange Commission and the Commodity Futures Trading Commission are also probing Singh. US authorities are ratcheting up pressure on Sam Bankman-Fried ’s inner circle, scrutinizing Nishad Singh , FTX 's onetime director of engineering https://t.co/H1uMwh3JNU — Bloomberg Markets (@markets) January 5, 2023 Caroline Ellison and Gary Wang, have already pleaded guilty to fraud in connection to their roles at Alameda and FTX . They are currently working with authorities. Read...