Former FTX engineering director Nishad Singh may provide evidence of SBF violating campaign finance laws in hopes of a lighter sentence

2023-01-10 16:14:25

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ChainCatcher news, according to CoinDesk, FTX's former engineering director and SBF's roommate Nishad Singh is in talks with prosecutors during a "proffer meeting" and may provide evidence of SBF's violations of campaign finance laws in hopes of receiving a lighter sentence. Such meetings typically include offering "limited immunity" to encourage interviewees to speak freely. Previously, FTX executives Gary Wang and Caroline Ellison met with federal prosecutors to reach a deal.

According to Bloomberg, citing informed sources, Singh possesses a wealth of information regarding FTX and SBF's political donations. Since 2020, Singh has personally donated over $9.3 million to Democratic-aligned initiatives. In April 2021, Singh donated $1 million to the political action committee Mind The Gap, founded by SBF's mother. According to a court document from last November, Singh received a $543 million loan from Alameda Research.

According to ChainCatcher previously reported, Twitter users claim that the FBI may have initiated a manhunt for former Alameda co-CEO Sam Trabucco and FTX engineering director Nishad Singh. (CoinDesk)

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