Former FTX engineer Nishad Singh agrees to $3.7M penalty in CFTC settlement
Former FTX engineer Nishad Singh agrees to $3.7M penalty in CFTC settlement
Nishad Singh agreed to pay $3.7 million in disgorgement to settle CFTC charges tied to FTX’s collapse and misuse of customer funds.The settlement includes a five-year trading ban and an eight-year registration ban, with regulators citing his cooperation in limiting further penalties.