On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed they imposed fraud charges against FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison. After Wang’s and Ellison’s surrender announcement, the public has been wondering where FTX’s director of engineering, Nishad Singh, is located and whether or not he has come forward yet.
Following Ellison’s and Wang’s Guilty Plea, All Eyes Are Focused on 2 More Top FTX Execs
Reports stemming from the SDNY federal court, the CFTC, and the SEC indicate that FTX co-founder Zixiao (Gary) Wang and ex-Alameda Research CEO Caroline Ellison have pleaded guilty to fraud charges. According to the U.S. attorney Damian Williams, Ellison and Wang are cooperating with law enforcement officials in a plea bargain for lighter sentences.
In addition to the announcement on Wednesday, Williams urged others that were involved in FTX’s misconduct to come forward as soon as possible. “[Law enforcement] is moving quickly and our patience is not eternal,” Williams stressed. One person who was not mentioned in the most recent indictments against Ellison and Wang was FTX’s director of engineering Nishad Singh.
According to public documents, in 2017, Singh graduated from the University of California, Berkeley, with a Bachelor’s degree in electrical engineering and computer science engineering. He worked for Facebook for a total of five months in 2017, after graduating from college. Prior to his role as FTX’s director of engineering, Singh was the director of engineering at Alameda Research.
It was well known that Singh was a very close member of Sam Bankman-Fried’s (SBF) inner circle and he’s been accused of misconduct in regard to FTX’s collapse. For instance, reports have detailed that Singh was allegedly part of SBF’s secret Signal chat channel called “Wirefraud.”
The Australian Financial Review’s United States correspondent Matthew Cranston said: “[AFR] has [learned] that FTX founders Sam Bankman-Fried and Zixiao ‘Gary’ Wang, along with FTX engineer Nishad Singh and former…
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